Calgary Gas Prices on the Rise

Calgary residents are feeling the pinch at the pump, with gas prices skyrocketing recently. Just days before the anticipated scrapping of the federal consumer carbon tax, many gas stations in Calgary were charging upwards of CAD 158.9 per litre, a noticeable spike from an average of CAD 143.9 just a few weeks earlier. According to GasBuddy.com, some Costco locations managed to offer slightly lower prices at CAD 139.9.

Government Investigation into Price Increases

In response to the sharp price increase, Alberta's Premier Danielle Smith has initiated an investigation. Despite the price spikes, she noted there was no corresponding rise in wholesale prices that would justify such increases. "It could be that discussions around tariffs are influencing these prices," she said during her weekend radio show, hinting that businesses may preemptively adjust their prices in response to market expectations.

Monitoring Gas Prices After Carbon Tax Removal

The government is closely monitoring gas prices following the removal of the carbon tax. "We don’t want a phony tax cut where consumers feel they’re still being shortchanged," Smith remarked, warning businesses not to exploit the situation. Alberta’s Services Minister Dale Nally is spearheading the review to ensure fair pricing for consumers.

Implications of the Carbon Tax's Elimination

The carbon tax, which imposes a levy of CAD 0.176 per litre of gasoline, is set to be eliminated as one of Prime Minister Mark Carney's first actions in office. This means Canadian drivers should expect substantial savings at the gas station, though many are skeptical as they witness ongoing price volatility.

Frustration Among Local Drivers

Local drivers expressed their frustration over the soaring prices and uncertainty about when they might see relief. "It’s been really tough," said Ramandeep Kaur while her husband filled their car at an Esso station. He is an Uber driver, making multiple trips to the pump, and Kaur noted how increasingly difficult it has become for them. Despite the situation, she remains hopeful that the pending removal of the carbon tax will lead to much-needed savings.

A Hope for Lower Prices

"Everyone is praying for prices to drop; that would be great for us," Kaur concluded, echoing a sentiment shared by many Calgarians who are anxiously waiting for tangible relief from high fuel costs amidst shifting taxation policies.

Looking Ahead

As the situation unfolds, all eyes will be on Alberta's government to ensure that these recent price hikes do not continue without justification, and that the anticipated savings from the carbon tax repeal are indeed passed down to consumers. Will drivers finally catch a break, or will high gas prices continue to plague Calgary?