Gas jumps 3 cents for 2nd weekly price rise in a row

Fuel prices across Newfoundland and Labrador increased for the second week in a rowThursday morning.

The Public Utilities Board increased the maximum price for gasoline by 3.0cents per litre. The price change means drivers on the Avalon Peninsula, for instance,will pay no more than $1.694 per litre. Some retailers charge less to lure customers.

Prices vary in other parts of the province, but now range between $1.69 and $1.86 across the rest of Newfoundland and between $1.64 and $2.19 per litre in Labrador.

Diesel increased by 4.3 cents per litre across much of the province and by 1.4 cents per litre in Labrador West and Churchill Falls. That puts maximum prices between $1.83 and $1.94 per litre in Newfoundland and between $1.89 and $2.56 per litre in Labrador.

The price of home heating oil rose by 3.7 cents per litre. Customers in Newfoundland will pay maximum prices between $1.17 and $1.35 per litre depending on their location.

The price of stove oil also increased, up by 1.20 cents per litre in Newfoundland and 1.28 cents per litre in Labrador West and Churchill Falls. Maximum prices for the fuel now range between $1.15 and $1.32 per litre in Newfoundland and $1.26 and $1.94 per litre in Labrador.

Propane fuel had the highest increase, going up 6.5 cents per litre. Propane prices now range between 99 cents and $1.10 per litre in Newfoundland and between 85 cents and $1.29 per litre in Labrador.

The PUB said changes to maximum prices reflect recent changes in market commodity prices and the completed phase-in of winter blending for diesel motor fuel and furnace oil heating fuel on the island.

"These product changes are necessary to maintain fuel efficiency and pourability in colder temperatures," the company said in a news release.

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