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[2] [3] The refinery is divided into Area 1 (the original site) now used for offices and oil storage and Area 2 the modern refining area. [4] The refinery has a Nelson Complexity Index of 9.1 [ 5 ] Former and original owner-operator Chevron sold its Canadian assets to Parkland Fuel Corp for C$1.46 billion ($1.09 billion) in April 2017 ...
Petroleum product use in British Columbia declined after the implementation of the carbon tax in 2008. The British Columbia carbon tax has been in place since 2008. It is a British Columbia policy that adds additional carbon taxes to fossil fuels burned for transportation, home heating, and electricity and reduces personal income taxes and corporate taxes by a roughly equal amount.
Natural gas, which is used by households that are better off, now costs one-half to one-quarter the cost of heating oil. [57] There are only about 3% of Canadians who still use heating oil, and they are mainly located in the Atlantic provinces. They are also mainly low-income and rural, so the exemption was intended for this demographic.
The Whistler natural gas line was built in conjunction with the Sea to Sky Highway Improvement Project, which was completed for the Vancouver-Whistler 2010 Winter Olympic Games. The natural gas line falls mainly within the highway right of way and brings natural gas to the Resort Municipality of Whistler, which was formerly served by propane.
While Petro Canada was once owned by the Canadian government, it is now owned by Suncor Energy, which continues to use the Petro Canada label for marketing purposes. In 2007 Canada's three biggest oil companies brought in record profits of $11.75 billion, up 10 percent from $10.72 billion in 2006.
Other energy sources include ethanol, biodiesel, propane, compressed natural gas (CNG), electric batteries charged from an external source, and hydrogen. Canada, like most countries, has excise taxes and other taxes on gasoline, diesel, and other liquid and gas motor fuels (collectively called fuel taxes ), and also taxes electricity at various ...
The cost to convert a vehicle to propane in Canada is approximately CA$4,000 to CA$6,000 for the current vapour or liquid fuel injected technology, and fleet users can expect a payback on the conversion cost within a year. Converting a vehicle to propane is approximately half the cost of converting a vehicle to natural gas in Canada.
Natural gas was Canada's third largest source of energy production in 2018, representing 22.3% of all energy produced from fuels in the country. By contrast, the share of fuel-based energy production from natural gas in 2013 was 17.0%, indicating a growth rate of approximately 1.06% per year.