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EUB OKs New Retail Margins For Motor Fuels, Furnace Oil


The New Brunswick Energy Utilities Board (NBEUB) approved the increases in
Retail margins for gas and diesel will climb by 0.53 cents, or 7.8 per cent, to a new maximum of 7.33 cents per litre.
For furnace oil, the new maximum retail margin will be 23.56 cents per litre an increase of 2.56 cents, or 12.2 per cent.
The board also approved an increase to the maximum delivery costs for gas and diesel. The new maximum will be 3.5 cents per litre, an increase of 0.5 cents.
The new margins will come into effect Thursday. According to the board, the last adjustments were made in Nov. 2019.
NBEUB members had asked Gardner Pinfold Consultants to review the maximum retail margins, delivery costs and full-service charges for petroleum products and recommend any changes. ....

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