Ottawa | Reuters — Canada’s national statistics agency on Tuesday revealed new weights for the basket of goods and services in its Consumer Price Index, giving more prominence to changes […] Read more
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Tag Archives Gasoline
Canada retools inflation baskets with more focus on food, gas
Snowblowers and barbecues in, DVD players out
Extent of Saudi oil production cut unclear
Reported tensions within OPEC limit price gains
MarketsFarm — At the OPEC+ meeting Sunday in Vienna, Saudi Arabia announced it will cut its oil production by one million barrels per day (BPD) come July. And while that […] Read more
‘Petro-plectic’ anger rises toward fuel prices
Fuel refiners seen booking 'epic' revenues
MarketsFarm — Fuel prices are very likely to continue to increase with summer approaching, according to Tom Kloza, the Florida-based global head of energy analysis for Oil Price Information Services. […] Read more
U.S. EPA allows temporary summer sales of higher-ethanol fuel
Waiver seen as score for corn growers
New York | Reuters — The U.S. Environmental Protection Agency issued an emergency waiver for a higher-ethanol gasoline blend on Friday, allowing summertime sales of the fuel in an attempt […] Read more
Fuel prices may remain high beyond Russian invasion, expert says
MarketsFarm — The decision by the U.S. to halt the import of Russian petroleum products due to the country’s invasion of Ukraine created sticker shock at the pumps in North […] Read more
Gasoline, diesel prices set to continue rising
MarketsFarm — The steady rise in crude oil prices is based on three factors, according to Tom Kloza, global head of energy analysis for Oil Price Information Service at Lakewood, […] Read more
Iqaluit confirms ‘exceedingly high levels’ of fuel in water supply
Water not safe for cooking or drinking, city says
Reuters –– The Canadian city of Iqaluit said lab results confirmed that fuel had entered its water supply, officials announced Friday. Analysis of samples from one of the city’s water […] Read more
U.S. oil industry seeks unusual alliance with Farm Belt against electric vehicle agenda
'We weren't born yesterday'
New York | Reuters — The U.S. oil industry is seeking to forge an alliance with the nation’s corn growers and biofuel producers to lobby against the Biden administration’s push […] Read more
GM aims to end sale of gasoline- and diesel-powered light trucks, cars by 2035
Washington | Reuters — General Motors said on Thursday it was setting a goal to sell all its new cars, SUVS and light pickup trucks with zero tailpipe emissions by […] Read more
Bibeau promises help to farmers on rising carbon tax
Funds expected to help farmers cut emissions
A steadily rising carbon tax has a lot of Western Canada’s grain farmers wondering how they’ll compete in world markets against competitors not subjected to a similar tax. “I think […] Read more