Record-high diesel prices could help drive up inflation yyc
, is one of the few that have been built in North America in the last 20 years. This has been overshadowed by the closure of two refineries in the Philadelphia area prior to the pandemic and one in Newfoundland and Labrador.Article content
The other indicator that needs to be watched is how long the gasoline inventory holds out with the refineries switched back to diesel. He said the fuel has undergone a transformation in recent years to be more environmentally friendly and it remains a workhorse fuel. Calgary Board of Education, meanwhile, has balanced out increases in the cost of fuel by partially re-instating their transportation fees.
For those who don’t drive a diesel pickup, this will still hit them in the wallet when they go to the grocery store or buy gifts for Christmas, in the short-term.
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