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Natural Resources and Energy Development Minister Mike Holland wrote a letter to New Brunswick’s Energy and Utilities Board, in which he said an Irving Oil application for petroleum price increases should be dealt with quickly. (Radio-Canada) A letter sent by Natural Resources and Energy Development Minister Mike Holland telling the New Brunswick Energy and Utilities Board how he thinks it should deal with an Irving Oil Ltd. application is drawing criticism, but the province is not apologizing for it. Holland sent the letter to the board on Jan. 6, one day after Irving Oil made an application to increase the amount petroleum wholesalers in the province can charge. If approved, it could cost consumers up to $60 million more per year. In the letter, Holland tells the Energy and Utilities Board that industry members had "expressed concerns to government about the sufficiency of the current wholesale margin," and says he wanted the board to know he felt it should act quickly on the issues Irving Oil was raising. "It has been suggested that the current margin in New Brunswick is not enough to guarantee continuity of supply in the challenging COVID-19 global environment," Holland wrote. "As a result I […]
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