Table 1

Crude Oil and Retail Gasoline Price Comparison
December 1997 to December 1998

 

 

 

Crude Oil Price

Wholesale Price

Retail Price

 

 

US$/Bbl

Cdn. Equivalent Cent Per Litre

 

Cents Per Litre

St. John=s

Cdn. Average

Cents Per Litre

December 1997

$18.32

16.4

21.9

67.9

55.4

December 1998

$11.25

10.9

14.7

60.9

50.3

Difference

($7.07)

-5.5

-7.2

-7.0

-5.1