NL Gazette

Gasoline jumps nearly 11 cents, passing $2.25 per liter across most N.L.

Nfld and Labrador

Key takeaways: 

  • Prices are higher in other areas of the region.
  • The cost of a liter of gasoline now sits at $2.25 per liter on the Avalon Peninsula and is higher in other areas of Newfoundland and Labrador.

The cost of gasoline took a shocking jump in Newfoundland and Labrador Tuesday morning, increasing to almost $2.25 per liter for the majority of the region.

According to a press release, the Public Utilities Board raised the maximum cost of gasoline by as much as 10.9 cents per liter Tuesday, noting a significant upward shift in the benchmarks used to specify the ultimate price of fuel.

The change sets the cost of a liter of unleaded self-serve at $2.25 per liter on the Avalon Peninsula. Prices are higher in other areas of Newfoundland, including over $2.27 per liter in central Newfoundland, nearly $2.26 per liter in Deer Lake and Corner Brook, and $2.31 per liter on the Connaigre Peninsula and $2.28 on the northern Peninsula.

Also read: How does the PUB estimate gas prices in N.L.?

The cost of gasoline took a shocking jump in Newfoundland and Labrador Tuesday morning

In Labrador, costs vary from $1.62 per liter in central Labrador to as high as $2.34 in Churchill Falls. The most costly gas in the region is in Ramea, where it costs around $2.37 per liter.

The costs of all other fuels are untouched by Tuesday’s price shift, with the following scheduled cost changeset for Thursday.

The following chart shows how gas costs have changed lately at Newfoundland and Labrador retailers, as reported by users of the GasBuddy.com website.

Source – cbc.ca

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