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On Oct. 30, Holt announced the tax would be cut, saving New Brunswickers about eight cents a litre.

The tax, introduced in 2022, passes the costs of federal clean fuel regulations for refiners and retailers onto consumers.

The decision by the New Brunswick Energy and Utilities Board says cutting the tax would be harmful to both petroleum wholesalers and retailers.

Holt says it’s the board’s job to ensure the lowest possible price for consumers and she is frustrated her government’s efforts were undone.

This report by ºÃÉ«tvwas first published Dec. 1, 2025.