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N.L. Gas Prices Drop Over 7 Cents In Unexpected Price Adjustment

The price of gas lowered 7.6 cents per litre in Newfoundland and Labrador Saturday morning. © Robert Short/CBC The price of gas lowered 7.6 cents per litre in Newfoundland and Labrador Saturday morning.

The price of gas in Newfoundland and Labrador is down on Saturday in an unexpected price adjustment.

The Public Utilities Board lowered the maximum price of gas by 7.6 cents per litre Saturday, bringing the price to $1.705 on the Avalon Peninsula. Prices vary in other parts of Newfoundland, including $1.73 in central Newfoundland, $1.763 on the Connaigre Peninsula, $1.712 in the Deer Lake area, and between $1.72 and $1.75 on Northern Peninsula.

Prices are slightly higher in Labrador, ranging from $1.769 in central Labrador to as high as $2.068 on parts of the southern coast.

The price of diesel and stove oil is also down for customers in Labrador West and Churchill Falls Saturday, down 9.5 cents and 9.62 cents per litre respectively.

Customers in Labrador West will now pay $1.729 per litre for diesel and $1.232 for stove oil, while customers in Churchill Falls will pay $1.754 for a litre of diesel and $1.253 for a litre of stove oil.


Price Of Gas And Most Other Fuels Drop Across N.L.

The Public Utilities Board lowered the maximum price of gas in Newfoundland and Labrador by three cents per litre Thursday. (Oseremen Irete/CBC)

The price of most fuels in Newfoundland and Labrador is down on Thursday.

The Public Utilities Board lowered the maximum price of gasoline by three cents per litre Thursday, dropping the price on the Avalon Peninsula to $1.78 per litre.

Prices vary in other parts of Newfoundland, including $1.805 in central Newfoundland, $1.82 on the Baie Verte Peninsula, $1.788 in Deer Lake and Corner Brook, $1.796 in Port aux Basques and between $1.79 and $1.81 per litre on the Northern Peninsula.

Prices are more expensive in Labrador, ranging from $1.769 in central Labrador to as high as $2.068 per litre on parts of the southern coast.

Diesel is seven cents per litre cheaper as of Thursday. The price on the Avalon is now set at $1.712 per litre and ranges from $1.71 to $1.83 per litre across the rest of Newfoundland. Prices in Labrador now sit between $1.82 and over $2.96 per litre.

Diesel in Labrador West and Churchill Falls saw its own drop in price, down 10.3 cents per litre.

The price of furnace oil dropped by 4.1 cents per litre. A litre of the fuel now costs between $1.212 and $1.385, depending on where you live in Newfoundland.

The price of stove oil dropped by 2.65 cents per litre in Newfoundland and 10.97 cents per litre in Labrador West and Churchill Falls. Customers in Newfoundland are now paying between $1.26 and 1.44 per litre, while customers in Labrador West and Churchill Falls are paying between $1.32 and $1.35 per litre.

Customers in other regions of Labrador are paying between $1.87 and just over $2.39 per litre.

Propane was the lone fuel to increase in price Thursday, up 0.3 cents per litre.

Read more from CBC Newfoundland and Labrador


Closing Bell: Labrador Gold Corp Down On Friday (LAB)

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