Acts and Regulations

2022-90 - Petroleum Products Pricing Act

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NEW BRUNSWICK
REGULATION 2022-90
under the
Petroleum Products Pricing Act
(O.C. 2022-328)
Filed December 16, 2022
1Section 2 of New Brunswick Regulation 2006-41 under the Petroleum Products Pricing Act is amended by repealing the definition “daily reference price” and substituting the following:
“daily reference price” means (prix de référence quotidien)
(a) with respect to conventional gasoline, the mid price for the corresponding base product;
(b) with respect to E10 gasoline, the sum of the mid prices or the daily product prices, as the case may be, for each of its base products, multiplied by the relevant percentage set out in Schedule A for each base product;
(c) with respect to ultra-low sulphur diesel fuel or furnace oil, the sum of the mid prices or the daily product prices, as the case may be, for each of its base products set out in Schedule A.1 or referred to in subsection 4.1(1), as the case may be, multiplied by the relevant percentage determined by the Board for each base product.
2 Subsection 4.1(2) of the Regulation is repealed.
3 Schedule A.1 of the Regulation is repealed and the attached Schedule A.1 is substituted.
SCHEDULE A.1
Petroleum Products
Base products
Motor fuel – ultra-low sulphur diesel
ULS Kero
ULSD
Chicago fob B100
Heating fuel – furnace oil
ULS Kero
ULSD