Gas down three cents a liter
The Public Utilities Board Thursday set new maximum prices for all regulated petroleum products in all areas of the province, resulting in a three cent a litre drop in gasoline.
With the exception of Zone 11a (Coastal Labrador South), maximum fuel prices registered changes as follows:
- all types of gasoline motor fuel decreased by 3.0 or 3.1 cents per litre (cpl); - island diesel motor fuel dropped by 3.5 or 3.6 cpl; - Labrador diesel motor fuel went down by 3.3 or 3.4 cpl; - furnace oil and stove oil heating fuel fell by 3.6 cpl; and, - propane heating fuel rose slightly by 0.6 cpl. Gas pump prices on the Burin Peninsula are now $1.089 a litre for regular, self-serve; $1.119 for full service and diesel is $1.074 a litre.
Furnace oil is pegged at 76.19 cpl; stove oil 80.69 and propane is 71.40 cpl.
These maximum prices reflect the change in the average benchmark price of the products over the seven-day period ending Tuesday of this week. The commodity market movements for the period were offset to some extent by a lower Canadian dollar. The next scheduled price change is Thursday.