The price of gasoline across the country is set to fall by roughly seven cents a litre on Wednesday, as the impact of the unprecedented plunge in oil prices filters down to the gas pump. Normally the price of gasoline varies wildly across the country, from high prices in British Columbia, to comparatively lower ones in Quebec. "You'll see seven cents a litre right across the country," he said. McTeague sees a scenario in which the price of gasoline falls by as much as 25 or 30 cents US per gallon. That's because while Canada exports crude oil, it imports a lot of its gasoline from U.S. refiners, who are happy to sell to the highest bidder.

Source: CBC News March 09, 2020 18:22 UTC