Gas prices fell in Newfoundland and Labrador Thursday, offering drivers some relief after a two-year high setting last week.

The Public Utilities Board (PUB) dropped the maximum price of gasoline by 3.6 cents a litre on Thursday, the first drop of the new year.

As a result, the maximum price of a litre of self-serve unleaded gas on the Avalon Peninsula is now $1.38.

That price is down from $1.415, which was the highest point since 2014. Thursday marked only the second decrease in maximum prices since the end of November.

In Cartwright, the same litre of gasoline costs $1.547.

Across the province, the maximum price of diesel motor fuel fell by a 3 cents per litre. Furnace oil heating fuel went down 2.41 cents a litre and stove oil heating fuel fell 2.62 cents a litre.

Propane heating fuel was virtually unchanged, falling 0.4 cents per litre.

Price trend

The following chart shows the recent trend in average gas prices in the province, as reported by individual consumers through GasBuddy.com.

[ Not seeing the interactive on your mobile phone? Click here.]