Gas prices dip to the lowest level since mid – June.
Gas and diesel prices dropped Thursday morning Newfoundland and Labrador, bringing the cost of driving to the lowest level in 7 weeks.
Gas dropped by 2.4 cents a litre, although the change maybe slightly less in some pricing zones because of rounding.
The Public Utilities Board which regulates fuel prices in Newfoundland and Labrador announced the change in its weekly price setting.
The change means a litre of self-serve unleaded gas on the Avalon Peninsula- where prices are lowest – can now sell no more than $1.48. Some retailers charge less to attract customers.
Gas prices generally have been on the rise since early May, after cratered in late March, because of COVID-19 pandemic.
The price of diesel meanwhile is down by 97 cents a litre Thursday. Stove oil is down the same amount. Propane for heating is down by half a cent per litre.
The PUB will mark its next price setting on August 12.