A Victoria Day weekend gift: lower gas prices
Gas prices dropped by a couple of cents Thursday across Newfoundland and Labrador, just in time for the long weekend.
The Public Utilities Board ordered retailers to drop the maximum price of all grades of gasoline they sell by as much as 2.0 cents per litre. There may be minor differences in some pricing zones, because of rounding up for taxes.
The setting means that retailers on the Avalon Peninsula can charge no more than $1.387 for a litre of self-serve unleaded gas. Prices are generally higher elsewhere, including $1.551 in Cartwright and $1.394 in Corner Brook.
It's the third week in a row that gas prices have come down. However, gas prices are about eight cents higher than at this point a year ago.
In its weekly setting, the PUB also dropped the ceiling on diesel by about 0.8 cents per litre.
The cost of furnace oil and stove oil were both dropped by 0.17 cents per litre.