Sentences with phrase «increase pump prices»

A $ 20 per ton carbon tax would increase pump prices by about 18 - cents per gallon, estimate Roberton Williams and Casey Wichman of the University of Maryland, not a large burden in this day of $ 1.75 gasoline.

A state analysis last summer said that cap and trade would increase pump prices 10 to 12 cents per gallon, based on the current auction allowance price of $ 12 per carbon ton.

They therefore nefariously increase the pump prices for gasoline to soak their customers, who have less flexibility to shop elsewhere or wait for lower prices because they «want to get on the road» or the kids are screaming.

«This plea comes on the heels of reports that some motorists have begun panic buying of petrol, following rumours that the government is about to increase the pump price of the white product from N145 per litre.

«It is time for Nigerians to take me seriously that the Federal Government wants to increase the pump price.

The governor said the federal government intended to increase the pump price, but didn't know how to go about it.

Nkanga said that it was wrong for oil marketers to increase the pump price when the Federal Government had not done so.

It added that there was no plan to increase the pump price of petrol above N145 / litre and that it would continue to maintain the ex-depot price of N133.28 / litre, which would guarantee the pump price not exceeding the N145 as capped by the Federal Government.

Danjuma declared that the government has not increased petrol price, hence they can not sit down in their offices and allow marketers and dealers to increase pump price arbitrarily.

Not exact matches

Pump prices normally rise as demand increases from families going on vacation and taking to the highways on road trips.

The major contributors in June were a 4.6 - per - cent increase in gasoline prices at the pump, and a two - per - cent hike in the cost of purchasing a new motor vehicle, which Statistics Canada attributed to smaller monthly price declines compared to June 2012.

Recently, however, lawmakers pushed to hike gas tax prices, which would increase prices at the pump.

Upward forces driving inflation were led by price increases at the gas pump, for traveller accommodation and for air transportation

Pump And Dump The recurring cycle of an altcoin getting a ton of attention, leading to a fast price increase, and then of course followed by a huge crash.

Despite the previous gloomy predictions of altcoins prices falling with the pump of Bitcoin, they are steadily increasing.

sometimes, i do feed fed up and plan to stop, but thinking of formula milk prices keep increasing, i continue to pump my milk out.

«In other words, President Buhari increased petrol pump price because the country was broke and it needed to shore up its revenue base.

Dr. Peter Ozo - Eson, the General Secretary of the union, had disclosed yesterday that the major organs of the congress would meet to appraise the indefinite strike called to protest the recent increase in the fuel pump price from N86 to N86.50 k to N145.

Joy News checks have revealed that the 28 % price increase has taken effect at the pumps.

According to the Drivers and Car Owners Association of Ghana, the then opposition New Patriotic Party (NPP) promised not to increase fuel prices but since coming to power, prices have steadily risen at the pumps with the recent one being the 3 percent average increase.

A statement from the Chamber of Petroleum Consumers Ghana (COPECGH) said, «Diesel prices have seen an increase of between 8 - 11 % on current ex pump prices while petrol prices have seen between 3 - 5 % across most BDCs and OMCs though the figures are yet to reflect directly at the various pumps.»

The chancellor said that following a fall in pump prices of over 20 pence per litre from the summer price, the postponed twp pence per litre fuel duty increase will go ahead from December 1st.

Alibi, however, noted that the Minister all through his presentations at the hearing, neither mentioned nor insinuated the need or plans by the FG to increase the current pump price of PMS.

On June 20, 2016, the naira was devalued from N285 / $ 1 to N305 / $ 1, which is an increase of seven per cent, but the fixed pump selling price of petrol has not been increased.

«We are not thinking about increase in the pump price.

We are outraged by this latest increase, more because, the prices at the pump for various petroleum products are expected to see a reduction effective today 1st February, 2016.

So, too, will the decision to freeze fuel duty for the sixth successive year, though if ever there was a time to increase the tax surely it was now as pump prices have fallen so much.

He said, «Any increase in fuel pump price would be an indirect tax on Nigerians to fund APC interests and, considering the pains Nigerians have suffered under this... government, this intended hike will be callous.

They point to the VAT rise in 2011 which increased thetotal tax take on fuel to about 60 % of the pump price.

«The Ministry of Petroleum Resources would like to categorically state that the Honorable Minister of State, Petroleum Resources all through his presentations at the hearing never mentioned nor insinuated the need or plans by the Federal Government to increase the current pump price of Premium Motor Spirit (PMS).

He said «Yar» Adua was the only president that ever reduced the pump price of fuel and provided amnesty that led to increase in crude production.

In a statement, COPEC said it checks had revealed that there has been a 4 percent increase in fuel prices at some pumps.

The General Secretary of the NLC, Dr. Peter Ozo - Eson, told our correspondent on the telephone, on Tuesday, that the demand for a new Minimum Wage preceded the increase in the pump price of fuel, which led to the constitution of the palliative committee.

The National Petroleum Authority (NPA) has received notice of an intended demonstration by the Chamber of Petroleum Consumers (COPEC) and Industrial and Commercial Workers Union (ICU) ostensibly in response to recent increases in price of petroleum products at the pump by some selected Oil Marketing Companies.

With an increase in supply while demand for gasoline «has really not picked up much,» prices have fallen at the pump.

Since the invasion, the price of a barrel of oil has more than doubled, and prices at the gas pump have increased about 30 cents per gallon, according to the American Automobile Association.

Fuel efficiency is a key point for many large families and the increased adoption of hybrid technology eases the sting at the pump as fuel prices rise.

Prices at the pump still climbed last week, but the rate of increase slowed.

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He even has a solution to recent price increases at Central Florida gasoline pumps, which have driven the cost of a gallon of regular unleaded up a nickel since mid-April.

Liquidity providers have no incentive to pump the price of index holdings that are not weighted by market cap, because doing so would reduce — not increase — their potential profits.

«The increase in gasoline demand meant that the refining industry delayed its semi-annual maintenance period which meant that many mid-western and eastern refineries went into maintenance mode at the same time, meaning pump prices actually increased when crude was falling,» explains Roger McKnight, Chief Petroleum Analyst for En - Pro International Inc..

Adding more ethanol will also increase the complexity of America's refining infrastructure, which is already straining to meet demand, thus raising pump prices.

This includes the increased cost of the fuel, caused by higher prices at the pumps, and also the need to fill tanks more often because biofuels contain less energy.

With the dramatic increase in oil prices earlier this year translating into higher prices at the gas pump in the United States, concerns over U.S. dependence on foreign oil are once again part of the national discussion on energy security.

At the pump, clean fuels will protect consumers from oil price spikes by providing greater choices, while increased local production will create jobs producing clean fuels across our state.

Such social equity protections suggests that pump prices will somehow be increased because of the consumption tax hike, contrary to the NDRC's repeated assurances.

Indeed, the dramatic increase in U.S. oil production is the key addition to global supply that's putting downward pressure on the cost of crude, the No. 1 factor in pump prices.

Ostensibly, the fuel tax hike will be offset by the recent pullback in crude oil prices, resulting in minimal increases in pump prices in the near term.

It increases the price of motor fuel at the pump.