Table 1 Crude Oil and Retail Gasoline Price Comparison |
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Crude Oil Price |
Wholesale Price |
Retail Price |
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US$/Bbl |
Cdn. Equivalent Cent Per Litre |
Cents Per Litre |
St. John =s |
Cdn. Average |
|
Cents Per Litre |
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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 |