News release

Gardner Pinfold To Review Gas Regulations

Gardner Pinfold Consulting Economists has been selected to review gasoline and diesel fuel regulation in Nova Scotia, said Jamie Muir, Minister of Service Nova Scotia and Municipal Relations today, Jan. 8.

"Gardner Pinfold's experience in the oil and gas industry in general, along with specific knowledge of the Nova Scotia marketplace, makes the firm the best choice to conduct the review," said Mr. Muir.

The review will examine factors that impact the policy goals of regulation, stability of consumer prices, support for gas stations, especially those in rural areas, as well as the cost of regulation for consumers and government.

It will also assess the pricing model and recommend any improvements as part of assessing whether the policy is meeting objectives.

The estimated cost of the review is $132,000 and the final report is to delivered to the Department of Service Nova Scotia and Municipal Affairs by April 1.

After review, it will be released to the public.

FOR BROADCAST USE:

Gardner Pinfold Consulting Economists has been selected by the province to review the impact of gasoline regulation in Nova Scotia.

The report, due April 1st, is estimated to cost 132,000 dollars and will assess whether gasoline regulation is meeting the goals of price stability and maintaining service in rural areas.

After review by Service Nova Scotia and Municipal Relations, the report will be made public.

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Media Contact:

Deborah Bayer
Service Nova Scotia and Municipal Relations 902-424-0112 E-mail: