Understanding the Board’s Investigation Under the Petroleum Products Pricing Regulations
The Utility and Review Board (UARB) recently held a hearing as part of an investigation under the Petroleum Products Pricing Regulations. This hearing focused on whether the current wholesale margin for self-service and full-service gasoline and diesel is just and reasonable.
What does this mean?
In simple terms, the Board is reviewing whether the profit margins applied at the wholesale level for gasoline and diesel are fair for retailers and consumers alike. This assessment could impact pricing, regulation, and business planning for fuel providers in Nova Scotia.
Why it matters for RGDA members
As a member of the Retail Gasoline Dealers Association (RGDA), staying informed about these hearings is crucial. Decisions by the UARB can influence:
- Retail fuel pricing
- Competitive dynamics in the marketplace
- Regulatory compliance for stations
How to review the hearing
Members and stakeholders can review the details of the hearing and related documents through the UARB website. Search for Matter M11978:
👉 View UARB Proceedings
Next steps
The UARB will issue a final decision regarding the fairness of wholesale fuel margins. RGDA will provide updates as soon as the decision is released, so our members can understand the implications and plan accordingly.
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