Fuel prices updated in 10 NWT communities

by ahnationtalk on February 12, 2024117 Views

February 12, 2024

Effective today, fuel prices will be updated in 10 communities serviced by the Department of Infrastructure’s Petroleum Products Program.

Prices are being updated to reflect the cost of fuel delivered through the 2023 summer and fall resupply programs. The prices of heating and motive fuel will decrease in Jean Marie River, Wrigley and Tulita, while fuel prices will increase for Beaufort Delta communities and Fort Good Hope, primarily due to increased transportation costs. Similar adjustments in fuel prices are in effect for government customers in these communities.

The Government of the Northwest Territories (GNWT) is required to set retail fuel prices at amounts that recover the full laid-in cost of fuel, which includes the wholesale purchase cost and all transportation costs. Prices are adjusted at least twice per calendar year, after the summer barge resupply and after the winter road resupply, to correspond with changes to the cost of petroleum products and transporting these products to communities. Prices are also adjusted periodically for other reasons, including changes to the carbon tax program. The next price change due to the carbon tax program is scheduled for April 1, 2024.

The Department of Infrastructure manages the purchase, transportation and storage of bulk petroleum products for 16 NWT communities that are not serviced by the private sector. Ten of those 16 communities receive fuel through the GNWT’s summer resupply program: Łutselkʼe, Whatì̀, Jean Marie River, Wrigley, Tulita, Fort Good Hope, Tsiigehtchic, Ulukhaktok, Paulatuk, and Sachs Harbour.

More information, including up-to-date fuel prices in all communities serviced by the GNWT, can be found at https://www.inf.gov.nt.ca/en/services/fuel-services/prices.

For media requests, please contact:

Infrastructure Communications
Department of Infrastructure
Government of the Northwest Territories
INF_Communications@gov.nt.ca

NT5

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