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Follow Dan on Twitter

Gas Wizard
Gas Wizard

Are gas prices rising or falling?

  • Home
  • Gas Prices
    • Gas Price Predictions
    • Price History
    • Gas Price Memes
    • Gas Mileage Tips
  • FAQs
  • Blog
  • About
  • Contact
Yearly total fuel sales in Canada

Yearly Total Fuel Sales in Canada

Yearly total fuel sales in Canada have witnessed significant fluctuations over the past few years. From pandemic-induced declines to gradual recoveries, the landscape of fuel […]

Yearly Total Fuel Sales in Canada Read More »


Gas Prices Rise in the Spring

Why do Gas Prices Rise in the Spring?

As the summer season approaches, many Canadians are gearing up for road trips and outdoor adventures. But with the warmer weather also comes an increase

Why do Gas Prices Rise in the Spring? Read More »


Global Fuel Supply

Global Fuel Supply Outlook- Fall 2023

As we approach the fall of 2023, the global fuel supply is facing a critical situation. The demand for fuel has been steadily increasing over

Global Fuel Supply Outlook- Fall 2023 Read More »


Better gas mileage

Get Better Mileage

Gas prices are constantly fluctuating and it can be frustrating to spend so much money on fuel. Fortunately, there are several ways to improve your

Get Better Mileage Read More »


Your Questions Answered

Are regulated gas prices a solution? No. They tend to hide true daily market price moves that most can easily get through the internet and

Your Questions Answered Read More »


Two weeks in to a 25% carbon tax increase – and the hurt keeps building

Here we are two weeks into a $50 dollar a ton Trudeau-Singh carbon tax – almost another 10 cents/litre on average for Canadians at the

Two weeks in to a 25% carbon tax increase – and the hurt keeps building Read More »


One week in to a 25% carbon tax increase – and the hurt keeps building

Here we are one week into a $50 dollar a ton Trudeau-Singh carbon tax – almost another 10 cents/litre on average for Canadians at the

One week in to a 25% carbon tax increase – and the hurt keeps building Read More »


Trudeau’s Emission Reduction Plan: Uncertainty, More Taxes, and Nothing to Help a Dangerous World

As Vladimir Putin wreaks havoc in Ukraine, he rests confident knowing that Canada – one of the world’s most energy-rich nations – remains utterly incapable

Trudeau’s Emission Reduction Plan: Uncertainty, More Taxes, and Nothing to Help a Dangerous World Read More »


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News Headlines

  • Shockwaves Across the Middle East: How Donald Trump and Israel’s Strike on Iran Is Redrawing the Map of Global Power
  • Canada and Japan Chart a New Global Partnership as Carney Unveils Ambitious Strategic Roadmap
  • Trump Wants Half the Bridge He Didn’t Pay For, Threatens to Block Opening of Canadian-Funded Gordie Howe International Bridge
Via Google News

Latest Posts

  • What Portland’s 50% Renewable Fuel Blend Mandate Means for the Fuel Market in 2026
  • Mid-grade vs Premium Gas Price Difference: Why They Vary More Than Regular
  • Beat the Heat: Essential Summer Vehicle Maintenance Tips for Canadian Drivers
  • Buy Canadian: 10 Scenic Canadian Road Trips to Experience This Summer
  • Navigating the Impact of U.S. Tariffs on Canadian Auto Parts and Vehicle Prices

From Our FAQs:

A

Who makes the decision to raise or lower the price of gas at the pumps?

In Canada, gas prices are determined by a combination of factors, including the global price of crude oil, refining costs, distribution costs, taxes, and competition among gas stations. The price of crude oil is set by the global market, influenced by supply and demand dynamics, geopolitical events, and other factors.

Governments at various levels in Canada impose taxes on gasoline, including federal and provincial taxes, as well as in some cases, municipal taxes. These taxes can vary by province and city, contributing to regional differences in gas prices.

While there is no single entity that sets gas prices across Canada, the Competition Bureau of Canada monitors the market to ensure that competition laws are followed and that there are no illegal anti-competitive activities affecting prices.

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