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Jun 21, 2024 · Breakdown - Gasoline & Diesel Oil prices - as of the last pricing date(s) – Zone 1
Apr 25, 2022 · We have raised our oil price forecasts beyond the interim mid-quarter forecast released last month. We now expect WTI to average 103 USD/bbl this year and 95 USD/bbl in 2023 (chart 3); for Brent, we anticipate mean values of 108 USD/bbl and 99 USD/bbl in 2022 and 2023, respectively.
Apr 1, 2024 · Historical Prices. A schedule showing history of price interruptions is available. Documents relating to interruptions are included in the list below.
Mar 3, 2022 · Update, March 4, 2022: The Nova Scotia Utility and Review Board said Friday afternoon it will invoke the interrupter clause, meaning prices are expected to jump again at midnight. The cost...
- NSP Seeks 13% Increase Starting in 2023
- The Potential Impact
- Not A Done Deal
- Ratepayers May Need to Pony Up Half A Billion Dollars
The company is seeking an overall 13 per cent hike over the next two years. The application does not take into account the impact of its escalating fuel bill on rates in 2024 and 2025. The company intends to start recovering those costs in a separate case next fall. During public hearings last month the Nova Scotia Utility and Review Board asked fo...
Factoring in expected fuel costs adds another 9.6 to 12 per cent to the residential rate increase the utility is currently seeking — depending on how and when fuel costs are recovered. In one scenario residential rates could rise 10.6 per cent in 2023, 6.3 per cent in January 2024 and 6.6 per cent in January 2025 for an overall increase of 23.5 per...
"I accept that if the fuel numbers come in as expected that is what the increases would eventually look like," said consumer advocate Bill Mahody, who represents residential customers in regulatory hearings. Proceedings are still underway and the board has made no decision on how it will treat recovery of the fuel bill. "The company is not looking ...
Nova Scotia Power's fuel costs have added a layer of complexity to its general rate application, which is the first in a decade. As a cost-of-service utility, which is entitled to recover prudently incurred costs, ratepayers are on the hook for the huge spike in the fuel bill facing the company. Nova Scotia Power updated its fuel forecast in August...
The most significant changes in weekly pump prices occur as a result of (1) changes in the NYMEX market price for ULSD (not crude oil), and (2) changes in the value of the Canadian dollar. The table above attempts to show the net effect of each component over the pricing period.
People also ask
How much does a litre of gasoline cost in Nova Scotia?
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Who regulates oil prices in Nova Scotia?
The benchmark price prescribed by the Board is the average of the average of the daily high and low reported product prices (in Canadian cents) since the last benchmark price adjustment for the petroleum product.
