Report Section
Economics
Table EC20: Price of Other Transportation Fuels, 2014–2023
| (Cents per litre) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Jet Fuel (Turbo)1 | 78.71 | 51.53 | 43.72 | 53.57 | 69.08 | 65.82 | 39.03 | 61.41 | 115.78 | 96.30 |
| Aviation Gasoline2 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Marine Bunker3 | 88.40 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Rail Diesel (Proxy)4 | 85.87 | 60.19 | 51.30 | 60.88 | 75.67 | 71.99 | 48.24 | 72.40 | 131.69 | 104.98 |
Notes and Sources
Notes: R= Revised data. P= Preliminary data. N/A= Not available.
1 U.S. Gulf Coast spot price converted to Canadian dollars.
2 Average U.S. retail price converted to Canadian dollars, to which the Canadian federal excise tax was added (11.5¢ per litre).
3 New York Harbor Residual Fuel Oil 1.0 % Sulfur LP Spot Price CIF, converted to Canadian dollars, to which the Canadian federal excise tax of 4¢ per litre was added.
4 FOB Spot Price of No 2 Diesel Ultra-Low Sulfur Spot Price in New York Harbour, converted to Canadian dollars, to which the Canadian federal excise tax of 4¢ per litre was added.
Source: Transport Canada estimates based on U.S. Department of Energy data
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Notes: R= Revised data. P= Preliminary data. N/A= Not available.
1 U.S. Gulf Coast spot price converted to Canadian dollars.
2 Average U.S. retail price converted to Canadian dollars, to which the Canadian federal excise tax was added (11.5¢ per litre).
3 New York Harbor Residual Fuel Oil 1.0 % Sulfur LP Spot Price CIF, converted to Canadian dollars, to which the Canadian federal excise tax of 4¢ per litre was added.
4 FOB Spot Price of No 2 Diesel Ultra-Low Sulfur Spot Price in New York Harbour, converted to Canadian dollars, to which the Canadian federal excise tax of 4¢ per litre was added.
Source: Transport Canada estimates based on U.S. Department of Energy data
1 U.S. Gulf Coast spot price converted to Canadian dollars.
2 Average U.S. retail price converted to Canadian dollars, to which the Canadian federal excise tax was added (11.5¢ per litre).
3 New York Harbor Residual Fuel Oil 1.0 % Sulfur LP Spot Price CIF, converted to Canadian dollars, to which the Canadian federal excise tax of 4¢ per litre was added.
4 FOB Spot Price of No 2 Diesel Ultra-Low Sulfur Spot Price in New York Harbour, converted to Canadian dollars, to which the Canadian federal excise tax of 4¢ per litre was added.
Source: Transport Canada estimates based on U.S. Department of Energy data