Government-set fuel prices up in some northern Canadian communities - News Summed Up

Government-set fuel prices up in some northern Canadian communities


Fuel prices in N.W.T. The territorial government buys, transport and stores fuel for 16 communities that are not served by the private sector. The government purchases fuel at the market price, which means it’s at the “mercy of the market,” as Browne explained in March, when fuel prices spiked as Russia invaded Ukraine. Government fuel program historical gasoline pricesThe department provided historical fuel pricing data, which shows that government-set gas prices dropped in 2021 before jumping back up this fall and again this April, historical pricing data shows. The territory can’t provide details about the price it pays for fuel because wholesale fuel prices are “privileged contract information,” said Browne.


Source: CBC News April 09, 2022 02:59 UTC



Loading...
Loading...
  

Loading...