Hi to all,
Here’s what I have
for this week’s price changes:
*Heating/stove oils
show an increase of 3.1 cents a litre.
*Diesel fuel shows
an increase of 3.6 cents a litre, and...
*Gasoline shows
an increase of 1.7 cents a litre*.
*Gasoline showed considerable volatility over the weekend and did not appear in
the numbers until Monday. I believe gasoline may see a larger increase than what
is shown here.
Time to drop the tax on heating again?
“If consumers are
starting to feel the pinch of rising prices again, it should be no surprise.
Government should bring some relief in taxes collected on heat again”. That’s
according to George Murphy, energy watchdog.
“It seems that
everyone and everything dealing with energy to consumers are looking for a
piece of our pockets again, both on the electricity front and on the petroleum
products end of things. While others have applied for electricity price
increases, spot prices for distillates like heating and stove oils are starting
to rise as speculators try and make a buck off the backs of consumers after a
failed season of gasoline profit-taking.
“We’re again facing
upwards pricing pressure from all sides, Murphy said. “And that pressure
is being widely felt by everyone as we get closer to fall and winter. Already,
I am hearing from those who can’t afford to pay any more in taxes on rising
commodity prices and that’s a warning sign to government that we will need
further relief for those who can’t afford to keep warm this winter. Consumer’s
pockets are simply empty from mounting debt.
“It’s time that the
government meet everyone’s needs and drop the tax on necessities like heat,
which is an ongoing health concern for most”.
-30-
For more
information, contact:
George Murphy
Twitter
@GeorgeMurphyOil
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