While inflation skyrockets across the country, hurting everyone in the pocketbook, there's a glimmer of good news. The government announced today that Albertans will continue to save the 13-cent provincial fuel tax on every litre of gasoline or diesel they purchase for at least another three months.
“While fuel prices have continued to increase nationwide, Albertans still pay considerably less than their provincial neighbours," said Premier Jason Kenney. "We’re pleased to extend this important relief measure until the end of September.”
With the fuel tax relief program in place, Albertans see savings of about $6.80 per tank for a compact car (50 litres), $7.21 for a small SUV (53 litres), $12.65 for a mid-size SUV (93 litres), $18.50 for a large pickup truck (136 litres) and $185.50 for a semi-trailer (1,364 litres).
The UCP government continues to call on Ottawa to consider similar consumer relief measures. If the Government of Canada paused the collection of both the federal carbon tax and the federal fuel tax while the price of WTI oil remained above $90 per barrel, drivers would save almost $22 more on every 100 litres of gasoline.
The government committed to evaluating the program quarterly and reinstating it in stages only if the average price of West Texas Intermediate (WTI) crude oil fell below $90 per barrel. For the four-week period ending June 15, WTI averaged $115.88 per barrel.
The government will re-evaluate the program in September.