Thank you, Mr. Speaker. The simple answer is the cost of the product went up, therefore triggering a rate increase. The cost of fuel is driven by factors outside the control of the Government of the Northwest Territories. The Government of the Northwest Territories does not make the market, nor set the cost of fuel. Fuel prices reflect the cost of supply and delivery of petroleum products. The fuel prices are adjusted periodically to reflect the recovery of full fuel costs, including the product cost, transportation cost, sale commission, operations, maintenance expense, and operation losses and taxes. Thank you, Mr. Speaker.
Wally Schumann on Question 623-18(3): Fuel Prices in Nunakput
In the Legislative Assembly on February 27th, 2019. See this statement in context.
Question 623-18(3): Fuel Prices in Nunakput
Oral Questions
February 27th, 2019
Page 5090
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