Canadian Radio Awards: 989 XFM Small Market Station of The Year

Gasoline and Diesel Prices Rise

Jun 4, 2021 | Local News

Gasoline and diesel prices are up. The Utility and Review Board set its weekly prices overnight. Gasoline rose 2.8 cents a litre in the eastern mainland and 2.9 cents on Cape Breton. The minimum price for a litre of regular self serve unleaded is now $1.29.5 in the eastern mainland and $1.30.4 on Cape Breton.

Diesel is up by 2.6 cents a litre. The minimum price for a litre of diesel is $1.19.5 in the eastern mainland and $1.20.3 on Cape Breton.

The increases are not a surprise, as the UARB announced this week that it had approved a price hike to make up for a drop in sales during the COVID-19 pandemic. The temporary markup comes on top of a permanent increase in the retail margin on gas prices approved earlier this year. Federal subsidies had also been provided to some gas stations due to a revnue shortfall

A spokesman for the board indicated the price increase will help ensure stations stay in business as pandemic lockdowns and travel restrictions have drastically curbed demand for fuel across the country.


Canadian Radio Awards: 989 XFM Small Market Station of The Year

Canadian Radio Awards: 989 XFM Small Market Station of The Year