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Friday, June 8, 2012

E-U-B Being Asked To Up Wholesale Profit Margins


The provincial Energy and Utilities Board is being asked for an increase in the wholesale profit margins on gas and home heating fuel.
Irving Oil has filed the request for an increase of just over a cent per litre saying a lot of costs have increased since the current margins of between 5 and 6-cents per litre were set.
The company has also requested documentation filed to justify its request be kept confidential to keep the information from falling into the hands of competitors.