Home - Petroleum Products - Questions and Answers

Question: 5
Why doesn’t the Board notify consumers in advance of changes in maximum fuel prices?

The legislation requires the Board to notify wholesalers and retailers in the province of changes to its maximum prices and the date on which the new maximum prices are to become effective. The Board provides notice to wholesalers and retailers in the afternoon of the day prior to an adjustment so that they may prepare and update their prices in advance of the maximum price change.

The legislation prohibits wholesalers and retailers from disclosing the price established by the Board until the date on which the price comes into effect. Early public release of upcoming changes in maximum fuel prices can influence purchase behaviour in a manner that could lead to wholesaler and/or retailer margin issues and potential supply disruptions depending on the magnitude and direction of the change to be implemented by the Board. The Board has no authority to intervene if a wholesaler or retailer decides to discontinue the sale of product and cannot mandate a supplier to sell any particular product.

 

Navigation Menu
Current Pricing
Historical Pricing
How Maximum Prices are Set
    Pricing Components
        Benchmark Prices
        Carbon Price Adjustment
        Total Allowed Mark-ups
        Zone Differentials
        Taxation
    Zones
    Timing of Adjustments
        Weekly Adjustments
        Extraordinary Adjustments
        Suspension of Adjustments
    History of Regulation
2022-2023 Review
Applications and Proceedings
Orders
Zone Map
Questions and Answers

 
     
 
 
About the Board
Commissioners
Legislation
Mandate and Lines of Business
Reporting Requirements
Disclaimer
Privacy Policy
Contact Us
  Public Utilities
Applications and Proceedings
Guidelines

Orders
Legislation
Compliance Filings and Reports
  Automobile Insurance
Applications and Proceedings
Guidelines

Orders
Legislation
Information Bulletins
Questions and Answers

  Petroleum Products
Current Pricing
Historical Pricing
How Prices Are Set
Applications and Proceedings
Orders
Legislation
Zone Map
Questions and Answers
 
 

Copyright © 2024 Board of Commissioners of Public Utilities. All Rights Reserved