Fuel costs are affecting pocketbooks across Canada, while high crack spread boosts energy company profits.
1 report, 1 independent
Updated Jul 24
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What happened
Fuel costs are affecting pocketbooks across Canada, while high crack spread boosts energy company profits.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Sustained higher fuel prices are driving profitability declines, prompting the Canada Enterprise Emergency Fund to provide additional liquidity.Sub-event
High crack spread and fuel costs are impacting Canadian energy markets and profits.1 source
Keep exploring
The entities involved
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North America
continent in the Americas
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Alberta
province of Canada
Related events
- A tragedy occurred in Alberta, coinciding with soaring refining margins that boost downstream profits.
- Alberta's heavy sour crudes are being processed by US refiners, while lack of Canadian refineries forces fuel imports.
- Alberta, Norway, and the Netherlands are facing energy price pressures.
- UAE offers $70bn investment to Canada for energy and strategic minerals projects, involving Abu Dhabi Investment Authority and DP World.
- Mélanie Joly defers to Mark Carney on Canada's overall approach while discussing leveraging Alberta energy exports amid U.S. tariffs from Donald Trump.
Coverage
Newest first; wire copies grouped- calgaryherald.comMad about your rising airfares and pump prices? Blame the 'crack spread' — it's at record highs