The province announced that Albertans will continue to save the 13-cent provincial fuel tax on every litre of gasoline or diesel they purchase for at least another three months.
"We’re helping Albertans save money through the fuel tax relief program at a time of need. While fuel prices have continued to increase nationwide, Albertans still pay considerably less than their provincial neighbours. We’re pleased to extend this important relief measure until the end of September," Premier Kenney said.
The government committed to evaluating the program quarterly and reinstating it in stages only if the average price of West Texas Intermediate (WTI) crude oil fell below $90 per barrel. For the four-week period ending June 15, WTI averaged $115.88 per barrel.
“Countless Albertans have told us how much the program has helped them during these challenging economic times. With the program’s extension, Alberta’s government is continuing to support Albertans and their ability to afford everyday goods," said President of Treasury Board and Minister of Finance, Jason Nixon.
According to provincial calculations, "With the fuel tax relief program in place, Albertans save money with every fill-up. With the corresponding reduction in GST, this amounts to total savings of about $6.80 per tank for a compact car (50 litres), $7.21 for a small SUV (53 litres), $12.65 for a mid-size SUV (93 litres), $18.50 for a large pickup truck (136 litres) and $185.50 for a semi-trailer (1,364 litres)."
The government will re-evaluate the program in September.
Currently, gasoline prices in Airdrie are hovering around the $1.91 mark, while diesel prices are over two dollars.
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