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Collectively, the provincial governments collect approximately $8 billion per year from excise taxes on gasoline and diesel. The federal taxes go into general coffers and help to fund a range of programs: $2 billion of the approximately $5 billion collected from federal excise taxes goes into the now permanent annual Gas Tax Fund for municipal ...
As the biggest Canadian gas discovery since the 1970s and its richest gas project ever, the Shell-operated Caroline field stood out as a $10 billion resource jewel. Although classified as a gas field , in the lower-price environment of the day sulfur, liquids and other by-products from the gas promised to exceed the value of the natural gas itself.
According to the industry, in 2011, only 10% of the 1.6 trillion barrels (250 km 3) of crude buried in the oil sands, could be recovered with the 1980s technologies. [9] Canadian oil and gas companies with a market cap were included in the 2009 Forbes 500 list. [11]
The cost of gas has been volatile in recent years as markets react to world events, but it hasn't always been that way. ... 1980. Price per gallon: $1.19. Adjusted for inflation: $4.60. eBay.
The next year in 2011, as America was digging itself out of the worst economic catastrophe since the Great Recession, gas soared to $3.53 per gallon — or $4.75, when adjusted for inflation ...
To complete the picture of the Canadian liquids business, it is worth noting that in 1977 Amoco and Dome bought the Canadian assets of Goliad Oil and Gas Company. This increased the supply of liquids available to Amoco by about 1,800 barrels per day (290 m 3 /d).
Natural gas prices 2000 - May 23, 2022 Comparison of natural gas prices in Japan, United Kingdom, and United States, 2007-2011 Natural gas prices at the Henry Hub in US Dollars per million Btu for the 2000-2010 decade. Price per million BTU of oil and natural gas in the US, 1998-2015
The national average price for a gallon of gasoline is a little more than $4.72, according to AAA as of July 8. ... a chronology of average gas prices for more than 90 years dating back to 1929 ...