Pump prices in Nova Scotia down again by 9.8 cents
The interrupter clause is a mechanism that allows the utility and review board to adjust gas prices in response to market fluctuations outside of the weekly price change.The last time it was invoked was Tuesday, when prices went up by another 10.9 cents. Before that, it was invoked March 5 when prices went up by 6.4 cents, just three days after it was invoked for a 6.5-cent increase.
According to NSUARB’s interrupter clause schedule, this is the first time in 10 years that the board has invoked the clause four times within two weeks.The last time the interrupter was used to raise pump prices was in September 2017. The price of fuel remains volatile worldwide, due in part to Russia’s invasion of Ukraine and the sanctions against Russia as a result.
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