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Irving Oil Ltd. is applying for a 62.8 per cent (4.09 cent per litre) increase in the allowed wholesale margin for motor fuels and a 54.9 per cent (3.02 cent per litre) increase in the margin for furnace oil. (Devaan Ingraham/Reuters ) Irving Oil’s attempt to win immediate wholesale petroleum price increases from the New Brunswick Energy and Utilities Board stalled quickly Monday over objections from a variety of community organizations that too much of the application is based on secret material. "The amount of information that is redacted in these documents makes it very difficult for our organization to meaningfully participate," said Abram Lutes with the New Brunswick Common Front for Social Justice "It limits our ability to participate meaningfully and to advocate on behalf of low income workers and people in poverty." Several other groups expressed similar concerns and the EUB’s acting Chair Francois Beaulieu scheduled a hearing Friday morning to deal with the objections. That forced a delay in Irving Oil’s request for immediate increases in wholesale petroleum margins at least until next week. Francois Beaulieu, acting chair of the Energy and Utilities Board, scheduled a hearing Friday morning to deal with objections to Irving Oil’s […]
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