DECISION AND ORDER
DECISION AND ORDER Under s. 16 of the Petroleum Products Pricing Regulations , the Board must prescribe a benchmark price for specified petroleum products every Friday. The benchmark price prescribed by the Board is the average of the aver...
AI summary The Board prescribes benchmark prices for petroleum products under the Petroleum Products Pricing Regulations, including adjustments for retail mark-ups, wholesale margins, and credit card fees. It also sets the Clean Fuel Adjustor and applies forward averaging corrections to ensure revenue neutrality.