Diesel jumps dramatically 21.6 cents in a week

Predictions from experts back in the spring worried that diesel costs were expected to hit consumers harder and be more volatile than gas — which is proving correct months later.

Across Nova Scotia, diesel has gone up 6.7 cents on Sept 18, yet another rise after the board used the interrupter clause early to adjust the price up 14.9 cents.

It means in less than a week, diesel has increased a total of 21.6 cents.

Experts say elevated fuel costs will see higher price tags slapped on items ranging from groceries to garments for months to come. Truckers who haul produce, clothes and pharmaceuticals across the continent to Canadian shelves can absorb only a small fraction of the resulting cost increase. That holds equally true for shippers facing fuel surcharges from carriers and for retailers who form the front line of sales.

Gasoline costs have increased as well on Sept. 18 to 196.1 cents a litre, up 5.9 cents.

House can’t agree on ending conflict with Iran

For a third time, on Sept. 15, the U.S. House has voted to end the war in Iran, approving a war powers resolution that would halt President Donald Trump’s ability to continue military action without congressional approval.

The roll call late Tuesday, 220-204, was similar to earlier efforts this summer, with a few more Republicans joining all Democrats voting to bring an end to the conflict. None of the resolutions have made it to the president’s desk, where Trump would almost certainly veto the measure.

The action is likely the last House vote on the Iran war ahead of the midterm elections, where the conflict overseas is playing a substantial role in the political campaigns. The war that Trump launched Feb. 28 has dragged, with on-again, off-again deadly missile strikes being exchanged and causing havoc in the region for nearly seven months.

The Congressional Budget Office said Tuesday that the war has cost more than $38 billion, as of Aug. 1, and is projected to be costing between $2 billion and $3 billion monthly, depending on the intensity of the fighting. The budget office projected inflation will be 0.5 percentage points higher than expected heading into 2027 due to the war.

Keep it Factual
Add CityNews Halifax as a trusted source on Google to see more local stories from us.

Top Stories

Top Stories

Most Watched Today