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The increase in fuel price in 2018


Ah yes, a new year and a new opportunity for new thoughts or thought processes … at least that’s what I believed on New Year’s Eve.
But thinking is a foreign invader in the lexicon sanctity of governmental direction. I was hoping against hope that I would be able to uncork my boundless and built-up optimism for the coming year, but it got lost in political dialogue, or as I like to call it, “fogalogue.”
Quite opposite to many politicians, I find it difficult to get excited about taxes. Consumers in Alberta must feel the same way when their oh so left-leaning NDP government increased the carbon “levy” (another word for tax that they avoid using) by 50% from $20/ton to $30/ton at 12:01 a.m. Jan. 1, 2018. This tax is aimed primarily at the consumer of transportation fuels, including natural gas, and does not apply to the farming industry, which apparently the government does not believe produces carbon dioxide. Nor does it apply to refined products that are exported into the U.S. that do not have a carbon tax, or GST.
Applying a carbon penalty to exported refined products to its only customer would make Alberta pricing uncompetitive and force Edmonton refineries to slow down production, which would then lower the tax revenue for the Alberta government.
Source from: https://www.trucknews.com/blogs/another-year-another-fuel-price-increase/

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