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Retail markup over crude oil and wholesale gasoline, 2014–2019 Oil, gas, and diesel prices RBOB Gasoline Prices. In 2008, a report by Cambridge Energy Research Associates stated that 2007 had been the year of peak gasoline usage in the United States, and that record energy prices would cause an "enduring shift" in energy consumption practices. [6]
On November 5, 2015, the province began the first phase of the process, with an initial public offering (IPO) of 81.1 million shares (equivalent to 13.6% of Hydro One) on the Toronto Stock Exchange. It was the largest IPO in Canada since 2000. [31] [32] The estimated proceeds from this IPO were expected to total $1.83 billion. [26]
By the end of 2012, the company had 720 gas stations and $4.1 billion in annual revenue. [1] In 2010, it renamed itself Parkland Fuel Corporation. [1] In 2013, Parkland acquired Elbow River Marketing, with 1,400 rail cars. [5] In April of 2013, the company purchased Sparling's Propane, a Southwestern Ontario propane retailer. [6]
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Priceline’s Debut: Priceline went public at a price of $16 per share on March 30, 1999. Just one month later, the stock closed at $162.37, an unbelievable 914 percent one-month gain.
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]
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