Gas jumps more than 4 cents for N.L. drivers
Last Updated: Thursday, June 18, 2009 | 6:58 AM NT
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The price of gasoline for most Newfoundland and Labrador consumers rose again Thursday as the provincial regulator responded to climbing oil prices.
The maximum prices of all grades of gas rose Thursday by 4.3 cents or 4.4 cents per litre, with the difference due to rounding for taxes in different pricing zones.
The Public Utilities Board's change means that consumers in St. John's and the rest of the Avalon Peninsula, where costs are lowest, can expect to pay $1.126 for every litre of self-serve unleaded gas they buy. Retailers, though, can sell below that price, and stations in towns outside St. John's frequently do so in order to lure customers.
The price setting marked the seventh time since April that the PUB has raised gasoline prices.
The PUB, meanwhile, has lifted the price freeze on gas for communities in southern Labrador, now that the shipping season has resumed. Gas prices jumped 10.9 cents per litre, while diesel dropped 15.4 cents. A price freeze remains in effect in northern Labrador.
The PUB also raised the price of diesel fuel by 2.5 cents or 2.6 cents per litre, again accounting for rounding for taxes.
Furnace and stove oil were raised 1.92 cents per litre, and residential propane is up 1.6 cents per litre.
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