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'It's a big price jump': Demand surges for heating oil ahead of carbon tax

'It's a big price jump': Demand surges for heating oil ahead of carbon tax

CTV
Wednesday, June 28, 2023 12:33:06 PM UTC

It may be the last thing on your mind heading into the long weekend, but many Nova Scotians who heat with oil are booking a quick top-up in the next few days, hoping to save some money before the federal carbon tax takes effect July 1.

It may be the last thing on your mind heading into the long weekend, but many Nova Scotians who heat with oil are booking a quick top-up in the next few days, hoping to save some money before the federal carbon tax takes effect July 1.

"Friday will be the busiest day for us,” said James Farquhar, GM of Scotia Fuels in Halifax.

"It's going to go up $0.1736. That's a big price jump."

The company alerted customers to the increase at the beginning of the month, and posted an explainer and further fuel breakdown on its website

Along with the diesel and heating oil numbers, it says gasoline rises $0.1431 per litre, kerosene increases by $0.1678 and propane rises by $0.1006.

"We've had a lot of requests and we've been managing them. We're just getting them done as we can before the first of the month,” said Farquhar, adding many customers are sharing opinions with the company.

"Most of them keep their comments relatively clean,” he said with a smile.

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