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Tombe estimated the impact of the carbon tax on the three "most carbon-intensive consumer purchases". He estimated an increase in the price of gasoline of 6.7 cents per litre when the CA$30 a tonne tax came into effect. Natural gas prices would increase by about $1.50 /GJ. [20] "[L]ow to middle-income households" would "receive compensation". [20]
The Government of Canada collects about $5 billion per year in excise taxes on gasoline, diesel, and aviation fuel [21] as well as approximately $1.6 billion per year from GST revenues on gasoline and diesel (net of input tax credits). The Canada Revenue Agency, a part of the government, collects these taxes.
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).
The gas price prior to reform was $0.10 US per liter with the quota of 100 liters per month per passenger car. The reform raised the price to $0.40 US per liter and later reduced the ration to 60 liters per month. The price for over-quota consumption and the imported cars were $0.70 US per liter.
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In 2015 Alberta produced an average of 492,265 cubic metres per day (3.1 Mbbl/d) of Canada's 621,560 cubic metres per day (3.9 Mbbl/d) of oil and equivalent production. [11] Most of its oil production came from its enormous oil sands deposits, whose production has been steadily rising in recent years.
In Canada (since 2017), Colombia, Egypt, and formerly Malaysia (until 2013, when Petron (the former Esso Philippines) acquired ExxonMobil's Malaysian operations) [29] and Japan (until 2019), both the Esso and Mobil brands are used. In Hong Kong and Singapore, Mobil brand is applied on Esso fuel tank after Mobil service stations began to merge ...
The Nanticoke Refinery is an oil refinery in Nanticoke, Ontario, Canada. It is owned and operated by Imperial Oil , which is majority owned by ExxonMobil . The refuels primarily go to Esso -branded gas stations in Canada and to other oil companies' distribution networks in Canada and the United States.