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The price of gasoline and diesel fuel are based on the price on the New York Mercantile Exchange as a benchmark in Canadian funds. This plus a 6 cent per litre wholesale margin, plus a transportation allowance of 0.5 to 2 cents per litre, and a retail margin of 4 to 5.5 cents per litre (or to a maximum of 7.5 cents per litre for full-serve gasoline).
Natural gas prices broke out, but the surge was subdued as prices slid higher above trend line resistance. The weather is expected to be normal with warmer than normal weather cover most of the ...
Natural gas prices surged higher closing up 3%, after testing the 3.9 handle earlier in the trading session. Colder than normal weather is expected to cover most of the United States for the next ...
Natural gas prices moved higher on Friday, and continues to consolidate after falling from its recent November highs. The weather continues to remain warmer than normal across the east coast and ...
Natural gas prices tumbled lower declining 1.85%, as demand declined, and volatility remain flat as Tropic storm Isaac, was downgraded to a Tropical depression. According to NOAA, the weather is ...
It is operated by Maritimes and Northeast Pipeline Management Limited of Halifax, Nova Scotia. The pipeline came into operation in 2000. Prior to this, natural gas was selling for US$2.31 per million BTU in the New England market (February 2000). By December, the price was US$8.45 per million BTU.
The offshore oil industry of Nova Scotia accounts for about 0.07% of Canadian petroleum production. The majority of its offshore industry is located on the Nova Scotian continental Shelf, within the Sable Island offshore natural gas fields. In 2015, Nova Scotia produced 438 m 3 of liquid natural gas per day.
The average American is paying $3.45 per gallon at the gas pump -- a price nowhere near the historic $5 or more experienced last summer, but not far removed enough to feel comfortable. The...
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