Wednesday, March 24, 2010

Planned Review of Maximum Margins, Delivery Costs and Full Service Charge for Gasoline and Other Petroleum Products

The New Brunswick Energy and Utilities Board intends to conduct a review of the maximum margins, maximum delivery costs and maximum full service charge to determine whether or not the current maximum amounts are justified.

The Board intends to hold a public hearing in the fall of 2010 as part of this review. This hearing will be open to all market participants as well as the general public.

The Energy and Utilities board is the body responsible for setting maximum wholesale and retail prices for heating and motor fuels within the province of New Brunswick, as per the Petroleum Products Pricing Act .