Gas prices across Newfoundland and Labrador took a significant jump Thursday, as the province's fuels regulator reacted to recent increases in the oil market.
The Public Utilities Board raised the ceiling on gas prices by as much as 5.3 cents per litre. The difference may be slightly less in some pricing zones because of rounding for taxes.
Thursday morning's change was expected, as prices in the oil market had been skipping upwards for days. Crude oil was trading Thursday morning at $106.40, or about $10 higher than just a couple of weeks ago.
The setting means that a litre of self-serve unleaded gas can retail for no more than $1.354 at stations on the Avalon Peninsula, where gas prices are cheapest. Retailers, though, often charge less to compete for customers.
Lineups were commonly seen Wednesday at stations in at least the St. John's area, as consumers filled up before the anticipated climb.
Meanwhile, diesel prices jumped by 3.9 cents per litre.
Home-heating fuel also got more expensive. Furnace oil and stove oil both jumped 3.23 cents per litre.
The cost of propane remained unchanged.
The chart below shows how average gas prices in Newfoundland and Labrador have changed over the last year. The graph also marks changes in the national average for gas prices as well as the global price of oil.