Kenney slashes gas tax to protect Albertans from extreme market
Jason Kenney announced his plan to slash the gas tax, pausing the 13 cents per litre tax on gasoline when prices exceed $90 per barrel.

Keean Bexte

March 7, 2022

Alberta Premier Jason Kenney announced his plan to slash the gas tax, pausing the current 13 cents per litre tax on gasoline when prices exceed $90 per barrel in the North American market.

Kenney slashes gas tax.

Kenney says that this rebate will work on a sliding scale and will not apply when prices are less than $80 per barrel and that the changes will take effect on April 1.

This pause will also apply to diesel, and marked gasoline and marked diesel, which have a $0.04 gas tax.

“We’ve heard Albertans’ concerns about the rising cost of living loud and clear. While the federal government is set to increase the carbon tax April 1, Alberta’s government is taking the opposite approach and stepping up to offer relief. Stopping the provincial fuel tax puts money back in the pockets of Albertans when they need it most,” said Kenney.

According to Business Insider stats, oil sits at approximately $118 per barrel at the time of writing.

With that said, Kenney adds that as many gas stations and other fuel providers have already purchased their fuel at the previous price, it may take two or three weeks for prices to drop back down. Kenney further states that he will be working with those fuel providers to expedite the process so that Albertans can see fuel prices drop as soon as possible.

While speaking at a press conference, Kenney also took aim at the US’s decision to run to Venezuela and Saudi Arabi for oil as they move away from Russian war oil rather than Canada, which guarantees higher standards in terms of using green technology and human rights.

Kenney believes that if the US gave the go-ahead, the Keystone XL pipeline could be resumed and finished by the first quarter of 2023, ending the US’s reliance on conflict oil from countries with dubious if not outright horrific human rights records.

Share this story

Help Keep your News Free

Share this story

It's crucial we stay in touch

Big Tech wants to censor us, that’s why you need to stay in touch.

YOU MIGHT ALSO LIKE THESE...

Trending News

Yesterday, the City of Edmonton finally began taking feedback for its proposed plan for 15-minute cities after promising to fundamentally change the city in the name of fighting climate change and explosive population growth fueled by mass immigration.

Keean Bexte

May 29, 2024

Trending News

After realizing that the Pride event to be hosted in their venue involved minors, Manluk Theatre canceled the show and questioned the organizers’ intentions.

Alexa Posa

May 28, 2024

Trending News

The CBC dedicated a significant portion of its 2023 coverage of Alberta painting an apocalyptic picture of Alberta becoming a desert wasteland. They’ve yet to retract anything, though, despite record rainfall.

Keean Bexte

May 28, 2024

Trending News

A new study from S&P Global Commodity Insights shows that Trudeau’s emissions cap will cost Canadians $247 billion in lost revenue and kill tens of thousands of jobs.

TCS Wire

May 28, 2024

Trending News

After a three-year hiatus due to alleged low demand, the University of Calgary has restarted its Oil and Gas Engineering program.

Alexa Posa

May 25, 2024

Trending News

Data from the Canadian Mortgage and Housing Corporation has revealed that there were 13,560 new housing starts in the first four months of 2024—an over 60% increase from the same period last year—putting Alberta on track for a record year of housing development likely to continue into the future.

Keean Bexte

May 21, 2024

We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services. You consent to our cookies if you continue to use our website.