Pump price increases ahead of long weekend, while gas freeze lifts in Labrador
The Public Utilities lifted a price freeze on gasoline across much of Labrador Thursday, which brought prices for the fuel down by over 13 cents per litre in some areas.
The Public Utilities Board puts a freeze on fuel prices across much of the Big Land beginning in the fall when sea ice prevents tankers from getting in for a resupply. The freeze is then usually lifted in the summer, and new prices are determined based on fuel shipment cost, current pricing benchmarks and carbon price adjustments.
As a result of the price freeze lift, the cost of gas dropped 13.3 cents in parts of southeastern Labrador along with central Labrador and the north coast.
In other parts of Labrador, including from the Straits to Red Bay and the southern coast, prices are up 4.6 cents per litre.
The changes put gas prices between $1.64 and $2.20 per litre depending on your location in Labrador. The lifting of the freeze only affects gasoline prices, according to a PUB statement.
Gas up nearly 3 cents across rest of province
Across the rest of the province, the maximum price for gas increased by 2.9 cents per litre ahead of the Canada Day weekend.
That covers all of Newfoundland, along with Labrador West and Churchill Falls, as those regions aren't affected by the price freeze.
The change puts the maximum price on the Avalon Peninsula at just over $1.80 per litre. Prices vary across the rest of the island, but will range between maximums of $1.80 and $1.97 per litre depending on your location.
The price of diesel increased by 0.8 cents per litre, putting maximum prices between $1.82 and $1.94 per litre in Newfoundland and between $1.95 and $2.59 per litre in Labrador.
Furnace oil increased by 0.67 cents per litre, meaning customers in Newfoundland will now pay a maximum of between $1.17 and $1.35 per litre depending on their location.
The price of stove oil increased by the same amount, but increased by 0.74 cents per litre in Labrador West and Churchill Falls. Maximum prices for the fuel now range between $1.22 and $1.40 per litre in Newfoundland and between $1.31 and $1.95 per litre in Labrador.
Propane increased by 1.6 cents per litre, putting maximum prices between 96 cents and $1.09 per litre in Newfoundland and between 82 cents and $1.27 per litre in Labrador.
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