4 d. ago Energy regulator cancels New Brunswick gas price cuts promised by Liberal government

Premier Susan Holt had campaigned in the 2024 election to eliminate the portion of the carbon adjuster tax on diesel and gas to help with the high cost of living.

Politics

9 d. ago Energy service group predicts lower industry spending, but sees reason for optimism

CALGARY — An oil and gas service industry group predicts lacklustre prices for those resources will weigh on spending and activity next year, but the prospect of new export infrastructure gives reason for optimism ahead. “There is good news on the horizon,” Enserva president and CEO Gurpreet Lail told reporters Wednesday. “It’s not right at […]

Other

1 week ago Gas prices in London: Why they seem high and how you can save a little

Despite the federal government’s removal of the consumer carbon tax in April, filling up a vehicle at the gas pump isn’t exactly cost-friendly in London. Recently, drivers who’ve filled up in the morning or daytime may have paid about $1.40 per litre. But why are gasoline prices so high at the pumps? LFP reporter Brian […]

Economics

2 w. ago Inflation cools to 2.2% in October as gas, grocery prices fall

The annual rate of inflation cooled to 2.2 per cent in October -- a tick higher than economists' expectations but down from 2.4 per cent in September.

Economics

3 w. ago Economists expect annual inflation rate fell in October, driven by lower gas prices

TORONTO — Economists expect October’s annual inflation reading will show an easing from September as lower gasoline prices helped offset increases elsewhere. Statistics Canada is set to report inflation figures for last month on Monday, a change from its usual Tuesday release. A Reuters poll of economists ahead of the release predicts annual inflation fell […]

Economics

3 w. ago UK Gas Exports Jump as Traders Tap Wider Price Premium in Europe

Britain boosted natural gas exports to the European Union this week, as ample supplies allowed traders to take advantage of a widening premium for spot prices on the continent.

Economics

3 w. ago A global oil glut is looming, but these forces could turn it around

Watch Rory Johnston on what is driving crude markets and prices right now

Other

4 w. ago UK Energy Prices Are Down, But Consumers Still Face Higher Bills

British households are heading into a new kind of energy crisis: bills are rising even as wholesale power and gas prices are falling.

Economics

4 w. ago More Canadian natural gas headed to Europe as Tourmaline inks supply deal with British Gas owner

The deal is priced off Europe's main gas benchmark, giving Tourmaline exposure to global LNG prices

Economics