Prescribed Petroleum Products Prices (N.S. Reg. 171/2021) (just regulations rg2 2022 RG2 2022 01 14)

N.S. Reg. 171/2021

Nova Scotia — Gazette

Volume 46, No. 1 January 14, 2022

Part II Halifax, Nova Scotia Regulations under the Regulations Act Printed by the Queen’s Printer Contents Act Reg. No. Page Petroleum Products Pricing Act Prescribed Petroleum Products Prices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 171/2021 2 Prescribed Petroleum Products Prices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1/2022 4 In force date of regulations: As of March 4, 2005*, the date a regulation comes into force is determined by subsection 3(6) of the Regulations Act.

The date a regulation is made, the date a regulation is approved, the date a regulation is filed and any date specified in a regulation are important to determine when the regulation is in force. *Date that subsections 3(6) and (7) and Sections 11 and 13 of the Regulations Act and amendments to the Regulations Act made by

Chapter 46 of the Acts of 2004 were proclaimed in force. © NS Office of the Registrar of Regulations. Web version. 1

N.S. Reg. 171/2021 Royal Gazette

Part II - Regulations Vol. 46, No. 1 N.S. Reg. 171/2021 Made: December 23, 2021 Filed: December 29, 2021 Prescribed Petroleum Products Prices Order dated December 23, 2021 made by the Nova Scotia Utility and Review Board pursuant to

Section 14 of the Petroleum Products Pricing Act and Sections 16 to 19 of the Petroleum Products Pricing Regulations Order In the matter of the Petroleum Products Pricing Act M10393 - and - In the matter of prescribing prices for petroleum products pursuant to

Section 14 of the Petroleum Products Pricing Act and Sections 16 to 19 of the Petroleum Products Pricing Regulations Before: Roberta J. Clarke, Q.C., Member

Whereas the purpose of the Petroleum Products Pricing Regulations is to ensure just and reasonable prices for specified petroleum products taking into consideration the objectives of preserving the availability of such products in rural areas, stabilizing prices of such products and minimizing the variances in prices of such products across the Province; And

whereas the Nova Scotia Utility and Review Board (“Board”) considered the manner in which it would proceed to set petroleum product prices in its decision, 2006 NSUARB 108, issued on October 16, 2006; And

whereas the Board revised the wholesale margin effective January 4, 2013, in its decision, 2012 NSUARB 213, issued on December 12, 2012; And

whereas on December 30, 2020, the Board issued an interim order in Matter M09952 increasing the wholesale margin for self-service and full-service gasoline and diesel, on an interim basis, by 2.50 cents per litre (cpl) to a total of 9.15 cpl; And

whereas the Board revised the retail markup and the transportation allowance effective October 28, 2016, in its decision, 2016 NSUARB 168, issued on September 26, 2016, and on February 1, 2021, the Board issued an order in Matter M09727 approving an increase to the minimum self-service and full-service retail markup by 0.3 cpl and to the maximum self-service retail markup by 0.4 cpl, to a total for the minimum of 5.4 cpl, and for the maximum of 7.4 cpl; And

whereas in a decision dated April 15, 2021, in Matter 09727 (2021 NSUARB 50), the Board directed a process to consider a retail markup adjustment mechanism, applied monthly, to address ongoing Covid-19- related reduced sales volumes to ensure just and reasonable prices for petroleum products pending recovery from the pandemic, and on June 2, 2021, the Board issued an order approving the methodology for the monthly adjustment mechanism for gasoline and diesel. The Board issued an Order on November 26, 2021, ending the monthly adjustment for diesel effective Friday, December 3, 2021; And

whereas the average of the average of the daily high and low reported product prices (in Canadian cents) for the period ended December 22, 2021, are: Grade 1 Regular gasoline 73.71¢ per litre Ultra-low-sulfur diesel oil 76.34¢ per litre

Now therefore the Board prescribes the benchmark prices for petroleum products to be: © NS Office of the Registrar of Regulations. Web version. 2

N.S. Reg. 171/2021 Royal Gazette

Part II - Regulations Vol. 46, No. 1 Gasoline: Grade 1 73.71¢ per litre Grade 2 76.71¢ per litre Grade 3 79.71¢ per litre Ultra-low-sulfur diesel oil 76.34¢ per litre And

now therefore the Board has determined, based on historical data regarding price changes and to achieve revenue neutrality, it is appropriate to apply, and the Board so orders, forward averaging corrections of: Gasoline: minus 0.01¢ per litre Ultra-low-sulfur diesel oil: plus 0.40¢ per litre And

now therefore the Board orders that a monthly adjustment to the retail markup is required to account for the impact of the Covid-19 pandemic on current sales volumes, as follows: Gasoline: minimum self service and full-service: plus 0.40¢ per litre maximum self-service: plus 0.50¢ per litre And

whereas a winter blending adjustment of plus 4.72¢ per litre is required for ultra-low-sulfur diesel oil; And

now therefore the Board prescribes the prices for petroleum products as set forth in

Schedule “A” effective on and after 12:01 a.m., December 24, 2021. Dated at Halifax, Nova Scotia, this 23rd day of December, 2021. sgd. Lisa Wallace Clerk of the Board

Schedule “A” Prices Prescribed for Petroleum Products under the Petroleum Products Pricing Act and the Petroleum Products Pricing Regulations effective on and after 12:01 a.m. on December 24, 2021 Nova Scotia Petroleum Price

Schedule Petroleum Prices in Cents/Litre Self-Service Full-Service Pump Prices Pump Prices (Pump Prices includes 15% HST) Base Wholesale Price Fed. Excise Tax Prov.

Tax Wholesale Selling Price Min Max Min Max Zone 1 Regular Unleaded 84.53 Mid-Grade Unleaded 87.53 Premium Unleaded 90.53 Ultra-Low-Sulfur Diesel 92.58 10.0 10.0 10.0 4.0 15.5 15.5 15.5 15.4 110.03 113.03 116.03 111.98 133.2 135.6 136.7 139.1 140.1 142.5 135.0 137.3 133.2 999.9 136.7 999.9 140.1 999.9 135.0 999.9 Zone 2 Regular Unleaded 85.03 Mid-Grade Unleaded 88.03 Premium Unleaded 91.03 Ultra-Low-Sulfur Diesel 93.08 10.0 10.0 10.0 4.0 15.5 15.5 15.5 15.4 110.53 113.53 116.53 112.48 133.8 136.2 137.2 139.6 140.7 143.1 135.6 137.9 133.8 999.9 137.2 999.9 140.7 999.9 135.6 999.9 © NS Office of the Registrar of Regulations.

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N.S. Reg. 171/2021 - 1/2022 Royal Gazette

Part II - Regulations Vol. 46, No. 1 Zone 3 Regular Unleaded 85.43 10.0 15.5 110.93 134.2 136.7 134.2 999.9 Mid-Grade Unleaded 88.43 10.0 15.5 113.93 137.7 140.1 137.7 999.9 Premium Unleaded 91.43 10.0 15.5 116.93 141.1 143.6 141.1 999.9 Ultra-Low-Sulfur Diesel 93.48 4.0 15.4 112.88 136.0 138.3 136.0 999.9 Zone 4 Regular Unleaded 85.53 10.0 15.5 111.03 134.4 136.8 134.4 999.9 Mid-Grade Unleaded 88.53 10.0 15.5 114.03 137.8 140.2 137.8 999.9 Premium Unleaded 91.53 10.0 15.5 117.03 141.3 143.7 141.3 999.9 Ultra-Low-Sulfur Diesel 93.58 4.0 15.4 112.98 136.1 138.4 136.1 999.9 Zone 5 Regular Unleaded 85.53 10.0 15.5 111.03 134.4 136.8 134.4 999.9 Mid-Grade Unleaded 88.53 10.0 15.5 114.03 137.8 140.2 137.8 999.9 Premium Unleaded 91.53 10.0 15.5 117.03 141.3 143.7 141.3 999.9 Ultra-Low-Sulfur Diesel 93.58 4.0 15.4 112.98 136.1 138.4 136.1 999.9 Zone 6 Regular Unleaded 86.23 10.0 15.5 111.73 135.2 137.6 135.2 999.9 Mid-Grade Unleaded 89.23 10.0 15.5 114.73 138.6 141.0 138.6 999.9 Premium Unleaded 92.23 10.0 15.5 117.73 142.1 144.5 142.1 999.9 Ultra-Low-Sulfur Diesel 94.28 4.0 15.4 113.68 136.9 139.2 136.9 999.9 N.S.

Reg. 1/2022 Made: December 30, 2021 Filed: January 4, 2022 Prescribed Petroleum Products Prices Order dated December 30, 2021 made by the Nova Scotia Utility and Review Board pursuant to

Section 14 of the Petroleum Products Pricing Act and Sections 16 to 19 of the Petroleum Products Pricing Regulations Order In the matter of the Petroleum Products Pricing Act M10405 - and - In the matter of prescribing prices for petroleum products pursuant to

Section 14 of the Petroleum Products Pricing Act and Sections 16 to 19 of the Petroleum Products Pricing Regulations Before: Richard J. Melanson, LL.B., Member

Whereas the purpose of the Petroleum Products Pricing Regulations is to ensure just and reasonable prices for specified petroleum products taking into consideration the objectives of preserving the availability of such products in rural areas, stabilizing prices of such products and minimizing the variances in prices of such products across the Province; And

whereas the Nova Scotia Utility and Review Board (“Board”) considered the manner in which it would proceed to set petroleum product prices in its decision, 2006 NSUARB 108, issued on October 16, 2006; © NS Office of the Registrar of Regulations. Web version. 4

N.S. Reg. 1/2022 Royal Gazette

Part II - Regulations Vol. 46, No. 1 And

whereas the Board revised the wholesale margin effective January 4, 2013, in its decision, 2012 NSUARB 213, issued on December 12, 2012; And

whereas on December 30, 2020, the Board issued an interim order in Matter M09952 increasing the wholesale margin for self-service and full-service gasoline and diesel, on an interim basis, by 2.50 cents per litre (cpl) to a total of 9.15 cpl; And

whereas the Board revised the retail markup and the transportation allowance effective October 28, 2016, in its decision, 2016 NSUARB 168, issued on September 26, 2016, and on February 1, 2021, the Board issued an order in Matter M09727 approving an increase to the minimum self-service and full-service retail markup by 0.3 cpl and to the maximum self-service retail markup by 0.4 cpl, to a total for the minimum of 5.4 cpl, and for the maximum of 7.4 cpl; And

whereas in a decision dated April 15, 2021, in Matter 09727 (2021 NSUARB 50), the Board directed a process to consider a retail markup adjustment mechanism, applied monthly, to address ongoing Covid-19- related reduced sales volumes to ensure just and reasonable prices for petroleum products pending recovery from the pandemic, and on June 2, 2021, the Board issued an order approving the methodology for the monthly adjustment mechanism for gasoline and diesel. The Board issued an Order on November 26, 2021, ending the monthly adjustment for diesel effective Friday, December 3, 2021; And

whereas the average of the average of the daily high and low reported product prices (in Canadian cents) for the period ended December 29, 2021, are: Grade 1 Regular gasoline 76.54¢ per litre Ultra-low-sulfur diesel oil 79.80¢ per litre

Now therefore the Board prescribes the benchmark prices for petroleum products to be: Gasoline: Grade 1 76.54¢ per litre Grade 2 79.54¢ per litre Grade 3 82.54¢ per litre Ultra-low-sulfur diesel oil 79.80¢ per litre And

now therefore the Board has determined, based on historical data regarding price changes and to achieve revenue neutrality, it is appropriate to apply, and the Board so orders, forward averaging corrections of: Gasoline: plus 0.70¢ per litre Ultra-low-sulfur diesel oil: plus 1.00¢ per litre And

now therefore the Board orders that a monthly adjustment to the retail markup is required to account for the impact of the Covid-19 pandemic on current sales volumes, as follows: Gasoline: minimum self service and full-service: plus 0.40¢ per litre maximum self-service: plus 0.50¢ per litre And

whereas a winter blending adjustment of plus 4.71¢ per litre is required for ultra-low-sulfur diesel oil; And

now therefore the Board prescribes the prices for petroleum products as set forth in

Schedule “A” effective on and after 12:01 a.m., December 31, 2021. Dated at Halifax, Nova Scotia, this 30th day of December, 2021. sgd. Bruce A. Kiley Clerk of the Board © NS Office of the Registrar of Regulations. Web version. 5

N.S. Reg. 1/2022 Royal Gazette

Part II - Regulations Vol. 46, No. 1

Schedule “A” Prices Prescribed for Petroleum Products under the Petroleum Products Pricing Act and the Petroleum Products Pricing Regulations effective on and after 12:01 a.m. on December 31, 2021 Nova Scotia Petroleum Price

Schedule Petroleum Prices in Cents/Litre Self-Service Full-Service Pump Prices Pump Prices (Pump Prices includes 15% HST) Base Fed. Wholesale Prov.

Wholesale Excise Selling Tax Price Tax Price Min Max Min Max Zone 1 Regular Unleaded 88.07 10.0 15.5 113.57 137.3 139.7 137.3 999.9 Mid-Grade Unleaded 91.07 10.0 15.5 116.57 140.7 143.1 140.7 999.9 Premium Unleaded 94.07 10.0 15.5 119.57 144.2 146.6 144.2 999.9 Ultra-Low-Sulfur Diesel 96.63 4.0 15.4 116.03 139.6 141.9 139.6 999.9 Zone 2 Regular Unleaded 88.57 10.0 15.5 114.07 137.9 140.3 137.9 999.9 Mid-Grade Unleaded 91.57 10.0 15.5 117.07 141.3 143.7 141.3 999.9 Premium Unleaded 94.57 10.0 15.5 120.07 144.8 147.2 144.8 999.9 Ultra-Low-Sulfur Diesel 97.13 4.0 15.4 116.53 140.2 142.5 140.2 999.9 Zone 3 Regular Unleaded 88.97 10.0 15.5 114.47 138.3 140.7 138.3 999.9 Mid-Grade Unleaded 91.97 10.0 15.5 117.47 141.8 144.2 141.8 999.9 Premium Unleaded 94.97 10.0 15.5 120.47 145.2 147.6 145.2 999.9 Ultra-Low-Sulfur Diesel 97.53 4.0 15.4 116.93 140.7 143.0 140.7 999.9 Zone 4 Regular Unleaded 89.07 10.0 15.5 114.57 138.4 140.8 138.4 999.9 Mid-Grade Unleaded 92.07 10.0 15.5 117.57 141.9 144.3 141.9 999.9 Premium Unleaded 95.07 10.0 15.5 120.57 145.3 147.7 145.3 999.9 Ultra-Low-Sulfur Diesel 97.63 4.0 15.4 117.03 140.8 143.1 140.8 999.9 Zone 5 Regular Unleaded 89.07 10.0 15.5 114.57 138.4 140.8 138.4 999.9 Mid-Grade Unleaded 92.07 10.0 15.5 117.57 141.9 144.3 141.9 999.9 Premium Unleaded 95.07 10.0 15.5 120.57 145.3 147.7 145.3 999.9 Ultra-Low-Sulfur Diesel 97.63 4.0 15.4 117.03 140.8 143.1 140.8 999.9 Zone 6 Regular Unleaded 89.77 10.0 15.5 115.27 139.2 141.6 139.2 999.9 Mid-Grade Unleaded 92.77 10.0 15.5 118.27 142.7 145.1 142.7 999.9 Premium Unleaded 95.77 10.0 15.5 121.27 146.1 148.5 146.1 999.9 Ultra-Low-Sulfur Diesel 98.33 4.0 15.4 117.73 141.6 143.9 141.6 999.9 © NS Office of the Registrar of Regulations.

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Document details

Collection	Nova Scotia — Gazette
Citation	N.S. Reg. 171/2021
Date	2022-01-14
Type	gazette
Volume / chapter	just regulations rg2 2022 RG2 2022 01 14
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	c32ffddb6902ebfd671beb40440814738390972f

Source file is stored in the law ingest library (pdf).