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Thanks, Trump: Look for heating oil and gas prices to start rising this week

By adamg on Sun, 02/02/2025 - 10:47pm

Irving Oil, based in New Brunswick, is alerting its New England heating-oil customers their bills are going up 10% Tuesday, when 47's new tariffs take effect (although the 25% figure is more widely known, it's actually 10% for energy products). And the Globe reports that 80% of all of New England's gasoline and diesel fuel comes from Canada - mainly from an Irving refinery in New Brunswick - along with 90% of Logan's jet fuel.

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Comments

Well...

By anon
Sun, 02/02/2025 - 11:11pm

As his press secretary said: Promises made, promises kept! Not the one we were hoping he'd keep. But he takes his wins where he can.

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1 user has voted.
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but but but....

By Rob
Sun, 02/02/2025 - 11:48pm

but but but.... The milliardarechancellor said we were energy-independent! Those darn sneaky Canuckians must have tunneled under the border to drain our oil fields and sell it back to us!
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2 users have voted.
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Then they’re admitting to ripping the customer off

By robo
Mon, 02/03/2025 - 12:06am

Because the tariff is on the buy price, not the sell price. Unless they sell it for what they buy it for, but I doubt that. Just another corp ripping its customers off.
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3 users have voted.
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What???

By anon
Mon, 02/03/2025 - 12:21am

What???

I'm confused by your comment. They're getting taxed an additional 10% and their passing it on to the customer. How are they ripping anyone off?

Anything to not blame the cheeto

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4 users have voted.
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Now that's confidence!

By CopleyScott17
Mon, 02/03/2025 - 3:37am

Raise heating oil prices in February. Disrupt the Treasury Department during tax season. Handcuff public health functions with avian flu and tuberculosis taking off. You've got to be 100% confident in the absolute stupidity of your MAGAt followers to pull this stuff.
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2 users have voted.
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Now that's confidence!

By CopleyScott17
Mon, 02/03/2025 - 3:39am

Raise heating oil prices in February. Disrupt the Treasury Department during tax season. Handcuff public health functions with avian flu and tuberculosis taking off. You've got to be 100% confident in the absolute stupidity of your MAGAt followers to pull this stuff.
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1 user has voted.
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