NL Gazette

Fuel prices fell sharply in N.L. with another unscheduled change

Nfld and Labrador

Key takeaways: 

  • Gas is down 10 cents; diesel plunges 41 cents on the island, almost 60 cents in Labrador.
  • Gas, diesel, and home heating fuels took a quick dive in cost across Newfoundland and Labrador on Friday.

The highest prices of all fuels, besides propane, took a steep dive across Newfoundland and Labrador on Friday as the Public Utilities Board made yet another unscheduled change.

The PUB stated the change was due to what the regional regulator called a “substantial downward shift in the benchmarks.”

The third time costs have fluctuated this week, and Friday’s setting is the week’s second unscheduled change.  Regular self-serve gasoline fell 10.1 cents per liter across the region.

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The highest prices of all fuels, besides propane, took a steep dive across Newfoundland and Labrador on Friday as the Public Utilities Board made yet another unscheduled change

One of the most significant changes is diesel, which plunged by 41.3 cents per liter on the island and 59.5 cents in Labrador.

Furnace heating oil fell by 35.8 cents per liter, while stove oil fell by 35.8 cents per liter in Newfoundland and 69 cents per liter in Labrador. 

Top gasoline costs across the island now vary from $2.18 on the Avalon Peninsula to $2.30 in the southern Newfoundland community of Ramea, where gas is the most costly in the region.

Source – cbc.ca

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