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In March 2022, the Alberta government announced it would suspend the collection of the fuel tax starting April 1, as a way to fight the rising cost of fuel. [19] In December 2023, the Alberta government announced that with lower oil prices, the fuel tax would be phased back in after Dec. 31, 2023. [20]
Trump has signed an executive order slapping a 25% tariff on imports from Canada, with a 10% charge on natural gas and oil. ... near Claresholm, Alberta, Canada, Jan. 18, 2025. ... that gas prices ...
In 2003, Alberta signaled its commitment to manage greenhouse gas emissions by passing the Climate Change and Emissions Management Act. One of the first actions taken under the legislation was to develop a mandatory reporting program for large emitters in Alberta. In March 2007, Alberta passed Specified Gas Emitters Regulation.
Trump also struck a deal with Canada to delay his 25% tariffs on Canadian goods (10% on oil and natural gas) for a month. But 10% tariffs on China are expected to go into effect Feb. 4.
An oil pump jack works on the prairies near Claresholm, Alberta, Canada, on January 18. - Todd Korol/Reuters ... Gas prices are typically near a low for the year in February due to weak demand. If ...
By 2009 with natural gas prices at a long-term low, Alberta's economy was in poor health compared to before, although still relatively better than many other comparable jurisdictions. By 2012 natural gas prices were at a ten-year low and the Canadian dollar was highly-valued compared to the U.S. dollar, but then oil prices recovered until June ...
U.S. consumers will see higher prices at the gas pump from President Donald Trump's decision on Saturday to apply tariffs on Canadian and Mexican oil, according to analysts and fuel traders. The ...
In 1985, the federal government and the provincial governments in Alberta, British Columbia and Saskatchewan agreed to deregulate the prices of crude oil and natural gas. Offshore oil Atlantic Canada is administered under joint federal and provincial responsibility in Nova Scotia and Newfoundland and Labrador. [79]