The Public Utility Board (PUB) has released the list of issues to a considered part as part of the province’s Petroleum Products Pricing review.
Phase one of the review has concluded and the second phase is now underway.
Issues identified include whether changes to the benchmark data be made, whether the prescribed benchmark data do not reasonably reflect product cost in some zones and whether the benchmark prices should continue to be calculated on a seven-day average.
A report by R Cube Economic Consulting Incorporated, the Board’s consultation for Phase II is expected to be filed by this spring.
The PUB advises there will be another opportunity for those interested to provide their views before the second phase concludes in the fall.
Story courtesy of VOCM news.