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Gas, other fuels all drop slightly in Newfoundland and Labrador

Gas, other fuels all drop slightly in Newfoundland and Labrador

Newfoundlanders and Labradorians will get a very small break at the pumps this week, as gasoline and diesel are both down less than a cent.

On Thursday the Public Utilities Board (PUB) lowered the maximum ceiling that service stations could charge for a litre of any type of gasoline by 0.2 cents per litre.

That means the most a station on the Avalon Peninsula can charge for a litre of self-serve unleaded is $1.24. In Corner Brook, the maximum is $1.25 while people in the Cartwright area will have to pay the most at $1.41.

Some retailers charge considerably less, particularly in the days leading up to the next PUB price setting each Thursday.

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Meanwhile, the PUB has also lowered the price of diesel by 0.9 cents.

Furnace and stove oil heating fuel decreased by 0.73 cents per litre and propane heating fuel has dropped by 0.5 cents.

Price trend

The following chart shows the recent trend in average gas prices in the province, as reported by individual consumers through GasBuddy.com.