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Gas Prices Increase by a Penny in Latest N.L. Price Update

by Krystal

Drivers in Newfoundland and Labrador will see a minor increase in gasoline prices starting Thursday.

The Public Utilities Board has raised the maximum price of gasoline by one cent per litre in its weekly adjustment. This follows a 2.3-cent decrease last week, part of a fluctuating trend that has left prices nearly unchanged from eight weeks ago when summer began.

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Under the new pricing, customers on the Avalon Peninsula, where prices are typically lower, will now pay up to $1.777 per litre. Prices across the rest of Newfoundland will range from $1.78 to $1.95 per litre, while in Labrador, they will range from $1.64 to $2.20 per litre.

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Diesel prices have seen a minimal decrease, dropping by 0.2 cents per litre in most areas, with no change in Labrador West and Churchill Falls.

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Furnace oil prices have been reduced by 0.16 cents per litre, resulting in prices between $1.11 and $1.29 per litre in Newfoundland.

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Stove oil prices have also decreased by 0.16 cents per litre, with a slight variation in Labrador West and Churchill Falls where the decrease is 0.05 cents. Customers in Newfoundland will now pay between $1.16 and $1.34 per litre, depending on location, while in Labrador, prices will range from $1.24 to $1.95 per litre.

Propane prices have decreased by 0.8 cents per litre, with maximum prices now between 95 cents and $1.08 per litre in Newfoundland and between 82 cents and $1.26 per litre in Labrador.

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