New Brunswick·New
Gasoline and diesel rose five cents across New Brunswick on Friday morning, driven mostly by resurgent oil company environmental costs that Susan Holt’s government had once promised it would eliminate from prices.
Gasoline price hits four-year high in wake of EUB decision on controversial levies
Robert Jones · CBC News
· Posted: May 15, 2026 11:37 AM EDT | Last Updated: 1 hour ago
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New Brunswick petroleum prices jumped five cents Friday after an Energy and Utilities Board decision. (Axel Tardieu/Radio-Canada)
Gasoline and diesel rose five cents across New Brunswick on Friday morning, driven mostly by resurgent oil company environmental costs that Susan Holt’s government had once promised it would eliminate from prices.
Instead, in a ruling earlier this week, New Brunswick’s Energy and Utilities Board cleared the way for higher charges.
The board found the government’s plan to eliminate them from retail prices would be “crippling” for wholesalers and retailers in a way that could eventually “collapse” petroleum supply chains in the province.
In its decision, the EUB said there are “real costs” imposed on oil refineries and petroleum importers by tightening federal rules on the carbon intensity of motor fuels.
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