The red line represents the growth in the price of Oil
The blue line represents the growth in the price of Gas
The green line represents the growth of Electricity
The dotted line represents Consumer Price
This graph illustrates inflation rates and energy prices in Québec from 1963 to 2022. Electricity prices follow the inflation curve while oil and natural gas prices show greater fluctuations. Based on information available to date, the Canadian consumer price index is 939. The price index for electricity is 792, compared to 1,459 for natural gas and 4,411 for oil.
Sources: Hydro‑Québec, Régie de l'énergie, Bloomberg Oil Buyer's Guide and Statistics Canada (2022 data for oil and gas).