In NB diesel is 115.9 Canadian dollars per liter, or 5.2155 canadian per imperial gallon, which is 3.85/4.5 us gals..math shows that is 4.433 US per us gallon. Canada now has price controls on fuel. (for tax reasons) We sell Canadian crude to the US for 48 a bbl (at last price posted on the stock exchange). A bbl is 54 us gallons and that yields 64 gals us diesel per bbl, or about 40.cents US per us gallon. Which by the way, is less than it costs to produce oil from the alberta tar sands, so the oil business in Fort Mc Murry t is hurting and paying no royalties at the moment Those royalties are a big chunk of Canadian federal revenues. That is why our Canadian dollar is so low right now..and that, in turn affects Canada Us Trade balances. It makes no sense, but then neither does much else in international economics.. Don't ask me why, ask the Russians and the US Congress..and the Saudis.
:duh: