Gas prices shaved by 2.3 cents
CBC News
Posted: Aug 2, 2012 8:08 AM NT
Last Updated: Aug 2, 2012 11:24 AM NT
The Public Utilities Board lowered gas prices across Newfoundland and Labrador on Thursday morning. (CBC )
Related
External Links
(Note:CBC does not endorse and is not responsible for the content of external links.)
Newfoundland and Labrador's fuel regulator lowered the price of gas and diesel Thursday, giving motorists a slight break at the pumps.
All grades of gasoline dropped by as much as 2.3 cents per litre, although some price drops vary in some areas of the province with the rounding for taxes.
The Public Utilities Board's (PUB) weekly price-setting means the cost of self-serve unleaded on the Avalon Peninsula, for instance, can sell for no more than $1.288 per litre.
The cost of gas is now almost three cents higher than it was a year ago.
The PUB also dropped the cost of diesel by about 1.4 cents per litre, and ordered decreases in the prices of furnace oil and stove oil.
The chart below shows how average gas prices in Newfoundland and Labrador have changed over the last 12 months, compared to both changes in the national average for gas prices and the global price of oil.
Share Tools
Latest Nfld. & Labrador News Headlines
- Arts council presents annual awards
- The Newfoundland and Labrador Arts Council held its 28th annual awards show and gala on Saturday night in St. John's. more »
- Composting project expands in Grand Bank
- A pilot composting project in a town on the Burin Peninsula was so successful that it will soon be extending pickup to all households. more »
- Multiple weekend thefts on Ropewalk Lane
- The Royal Newfoundland Constabulary responded to two calls of theft from separate businesses on Ropewalk Lane in St. John's Saturday night. more »
- Stay clear of flooding sites, mayor says
- The mayor of Deer Lake is asking residents to stay away from the flooded areas of the community until the water levels decrease. more »
Must Watch
Top News Headlines
- Senior Pakistani politician shot dead
- Gunmen in Pakistan have killed a senior member of Imran Khan's Movement for Justice (PTI) party outside her home in Karachi. more »
- Search continues for 2 missing New Brunswick fishermen
- A recovery effort has resumed for two missing fishermen off the coast of New Brunswick, after a distress call was issued from their boat early Saturday. more »
- Car drives into crowd at Virginia parade
- About 50 to 60 people were injured after a driver described by witnesses as an elderly man drove his car into a group of hikers marching in a parade in a small Virginia mountain town. more »
- Spectator killed at Edmonton Jeep event
- A 20-year-old woman died Saturday during an event for Jeep enthusiasts held in a parking lot just west of downtown Edmonton. more »
- Composting project expands in Grand Bank
- Gros Morne fracking issue causing significant reaction
- Police investigating vehicle accident near Lewisporte
- Last video store in Happy Valley-Goose Bay closes
- Gushue | Why the loss of Ray Guy has meant so much
- Inmates accused of planning escape from Waterford
- Stay clear of flooding sites, mayor says
- Police recover stolen dirt bike, arrest made
- Fracking may jeopardize Gros Morne UNESCO status
