Key takeaways:
- Diesel has increased by 14 cents in the previous 24 hours.
- The gas price is up 2 cents per liter across Newfoundland and Labrador Thursday morning.
Gas costs rise in Newfound and Labrador again:
The gas cost in Newfoundland and Labrador is up again Thursday, as other fuel costs persist on a vertical incline.
According to the Public Utilities Board, the highest price of gasoline is up to two cents per liter across the region Thursday, setting the price of unleaded self-serve at $1.893 per liter on the Avalon Peninsula.
Gas costs have been skyrocketing since Russia raided Ukraine in February. The international oil market has been in upheaval since.
Drivers in central Newfoundland will see a little higher maximum cost of $1.918, while prices sit at $1.90 in Deer Lake and Corner Brook, $1.932 on the Baie Verte Peninsula, and simply under $1.96 in western Labrador.
Central Labrador continues to see the lowest cost in the region at almost $1.59 per liter, while Ramea has the highest price per liter at $2.017 per liter. Change Islands, located off the island’s northeast coast, also struck Thursday’s $2 per liter threshold.
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The cost for diesel fuel and home heating fuels is also increasing, rising by almost five cents each on Wednesday morning.
The diesel price increased another 8.6 cents per liter Thursday morning — for almost 14 cents since Tuesday.
Furnace oil rose by 7.74 cents per liter, while stove oil increased slightly over eight cents per liter.
Propane is the only fuel to see a cost decrease, down 8.4 cents per liter.
Thursday’s update kept the fifth change in fuel costs since March 17, as the PUB resumes to deal with upward shifts in the benchmarks it uses to fix fuel costs. Prices are usually put each Thursday.
Source – cbc.ca