Gas Prices Decrease

Gasoline is back below $2 a litre in parts of Newfoundland as the Public Utilities Board dropped the price of fuel by 6.4 cents per litre Thursday.

In Labrador, with the decrease, motorists will pay $2.35 in the Straits, $2.39 in the South, $2.16 in Central, $2.01 in Western, and $2.04 in Churchill Falls.

Nearly all other fuel types have decreased in price as well.

Diesel dropped by 1.4 cents per litre, furnace oil decreased by 1.18 cents per litre, stove heating oil in Newfoundland dipped by 1.18 cents per litre, while propane fell by 0.7 cents per litre. Stove oil rose in Labrador by 0.32 cents per litre.

The maximum prices “reflect the change in the average benchmark price of the products over the current pricing period,” wrote the PUB in its weekly news release.