Canadian biofuel mandate will trigger even higher diesel prices, CTA warns

April 2011
Bulk Transporter Exclusive Insight;4/18/2011, p1
The article reports that Canadian Trucking Alliance (CTA) has warned that the Canadian government's proposed mandate that on-road diesel sold in the state should contain an average of 2% biofuel content, would trigger higher prices of fuel starting July 1, 2011. It says that the price of diesel fuel like gasoline has jumped nearly 10% between February and March 2011. It adds that the trucks' movement of 90% of all consumer products and foodstuffs could also result to higher prices of all goods.


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