Albertans will see a partial return of the provincial fuel tax on the price of gasoline and diesel starting on Oct. 1, as retailers have been told by the UCP government to begin collecting 4.5 cents per litre.
Retailers were informed of the change through a special notice sent out by the province on Sept. 21.
The government suspended the full 13 cents per litre tax earlier this year as a way to combat rising fuel prices and tied that relief to the average price of U.S. West Texas Intermediate (WTI) — the benchmark crude for oil prices.
The government used the average closing price over a four-week period leading up to Sept. 15 to determine that price. Over that four-week stretch, WTI averaged $89.26.