New Brunswick energy regulator cancels Holt government fuel price cuts | CBC News

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new-brunswick-energy-regulator-cancels-holt-government-fuel-price-cuts-|-cbc-newsNew Brunswick energy regulator cancels Holt government fuel price cuts | CBC News

New Brunswick·New

The province’s Energy and Utilities Board has cancelled the Holt government’s move to cut the “carbon cost adjuster” charges. The changes were set to take place on Monday.

Discounts of up to 10 cents per litre were promised to consumers starting Monday

Robert Jones · CBC News

· Posted: Nov 28, 2025 1:45 PM EST | Last Updated: 26 minutes ago

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A shell gas price sign on the corner of a street.Retail prices for gasoline in Saint John on Friday sat just above $1.45 per litre. A discount of more than 9 cents scheduled for Monday and announced by the Holt government has been nullified by the New Brunswick Energy and Utilities Board. (Roger Cosman/CBC)

Gasoline and diesel price cuts of up to 10 cents per litre that were scheduled to take effect across New Brunswick on Monday have been cancelled by the province’s Energy and Utilities Board.

In a decision released Friday afternoon the Board found that a decision made by Premier Susan Holt’s government to eliminate refinery environmental charges from fuel prices starting next week threatened significant damage to both petroleum wholesalers and retailers.  

The charges to be cancelled, known as a “carbon cost adjuster” allow refineries and fuel importers to pass the cost of tightening federal environmental rules on through to consumers.

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