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Prices at the Pumps - Episode 3 S3

Prices at the Pumps - Episode 3 S3
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Jan 24, 2024 · 16m 27s

In this week's fuel-focused installment of "Prices at the Pumps," host Scott Squires and the ever-insightful Dan McTeague tackle the imminent rise in fuel costs across Atlantic Canada. With a...

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In this week's fuel-focused installment of "Prices at the Pumps," host Scott Squires and the ever-insightful Dan McTeague tackle the imminent rise in fuel costs across Atlantic Canada. With a meticulous breakdown of the factors influencing the hike, Dan anticipates an increase for gasoline in Newfoundland and a similar trend for Nova Scotia, New Brunswick, and PEI, alongside insights on diesel and heating oil.

As they navigate the complexities of the energy market, Dan's predictions hint at a steady climb in prices, propelled by a drop in US oil inventories and China's market stimulation efforts. The discussion takes a geopolitical turn, shedding light on the Gulf of Oman's overlooked tensions and their potential to jolt fuel pricing unexpectedly.

The episode also takes a critical look at the Bank of Canada's interest rate decisions, the national debt's impact on the economy, and the controversial carbon tax set to rise on April Fool's Day. Dan and Scott dissect the real cost to consumers, the efficacy of rebates, and the broader implications of Canada's immigration rates on inflation.

Dan's candid conversation extends to a broader critique of Canada's climate policies, questioning the pursuit of net zero and its tangible benefits for Canadians, especially in the context of Atlantic Canada's unique energy needs.

Don't miss this critical episode that connects the dots between energy policy, economic indicators, and the real price Canadians pay at the pumps.

For more of Dan's expert analysis, follow him on Twitter @GasPriceWizard and explore his work at Canadians for Affordable Energy.

Support "Prices at the Pumps" and tune in for the knowledge you need to navigate the ever-changing energy landscape: https://www.spreaker.com/show/prices-at-the-pumps/support.
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