Fuel Adjustment Provision
Please be advised that we have approved and posted the Machine Rental Rates, which come into effect on May 1st, 2023. As of that date, we will no longer be accepting/applying fuel adjustments to our Hourly Rentals of Heavy Equipment contracts as well as the Extra Work and Force Account invoices. Updated rates can be found here.
Fuel Adjustment Provision documents
Fuel Averages (per month) for 2023
| Month (2023) | Ultra-Low Sulphur Diesel Maximum Price | Regular Unleaded Maximum price | Fuel Adjustment % (April = Base Price) for ULSD | Fuel Adjustment % (April = Base Price) for REGULAR |
| January | $ 2.1115 | $ 1.5715 | 1% | 10% |
| February | $ 2.0736 | $ 1.5792 | -3% | -9% |
| March | $ 1.8642 | $ 1.5653 | -13% | -10% |
| April | $ 1.7045 | $ 1.6837 | -20% | 0% |
| May | – | – | – | – |
| June | – | – | – | – |
| July | – | – | – | – |
| August | – | – | – | – |
| September | – | – | – | – |
| October | – | – | – | – |
| November | – | – | – | – |
| December | – | – | – | – |
Fuel Averages (per month) for 2022
| Month (2022) | Ultra-Low Sulphur Diesel Maximum Price | Regular Unleaded Maximum price | Fuel Adjustment % (April = Base Price) for ULSD | Fuel Adjustment % (April = Base Price) for REGULAR |
| January | $ 1.5526 | $ 1.4201 | N/A | N/A |
| February | $ 1.6887 | $ 1.5339 | N/A | N/A |
| March | $ 1.9108 | $ 1.7003 | N/A | N/A |
| April | $ 2.134 | $ 1.7383 | N/A | N/A |
| May | $ 2.4065 | $ 1.8939 | 13% | 9% |
| June | $ 2.2422 | $ 2.1045 | 5% | 21% |
| July | $ 2.0932 | $ 1.9190 | -2% | 10% |
| August | $ 1.9393 | $ 1.7658 | -9% | 2% |
| September | $ 2.0061 | $ 1.5837 | -6% | -9% |
| October | $ 2.3194 | $ 1.6802 | 9% | -3% |
| November | $ 2.7107 | $ 1.7399 | 27% | 0% |
| December | $ 2.4071 | $ 1.4925 | 13% | 0% |