In addition to 13 regular adjustments, the Public Utilities Board has made 14 extraordinary price adjustments since February. The PUB has changed fuel prices 26 times in the past three months, including 14 extraordinary changes in addition to the 13 scheduled adjustments. Now that market information is readily available, it has become much easier to predict gas prices in unregulated markets, he said. Story continuesThe federal government does not regulate gas prices, but provinces are able to do so. The changes will require the PUB to provide a breakdown of the retail and wholesale markup for gas prices.

Source: CBC News May 30, 2022 08:50 UTC