Gas prices bolt up by 5.1 cents
Drivers across Newfoundland and Labrador faced a steep jump in the cost of gas Thursday, as the fuels regulator approved a 5.1-cent increase heading into the Easter weekend.
The Public Utilities Board lifted the price on all grades of gasoline. The change brings the maximum price of self-serve unleaded gas on the Avalon Peninsula — where prices are cheapest — to $1.433 per litre.
Prices are generally higher across the province, ranging from $1.448 in Port aux Basques to $1.597 in southern Labrador.
The change puts prices almost 15 cents above the cost of gas a year ago.
Some retailers, though, charge less than the ceiling imposed by the PUB.
Meanwhile, the PUB approved a 1.3-cent hike in the cost of diesel for retailers in Newfoundland. In Labrador, there is no change in the cost of diesel.
The costs of furnace oil and stove oil were each increased by 0.74 cents per litre, while the cost of propane was cut by 0.72 cents per litre.
Popular now in news
- 870 reading now
'We need to get our stories straight,' Dellen Millard wrote girlfriend after Laura Babcock disappeared
- 708 reading now
Cat named after Notorious B.I.G. shot multiple times — and survives
- 647 reading now
'We're not lazy, we're old': 71-year-old worker at Costco wins right to sit on the job
- 610 reading now
Canadian households lead the world in terms of debt: OECD
- 576 reading now
Residents evacuated as Kensington apartment building deemed unsafe