Gas, diesel, furnace oil prices spike across N.L.

Fuel prices across Newfoundland and Labrador sharply increased on Thursday.

The Public Utilities Board increased the maximum price for gasoline by 6.9 cents per litre. The price changes means drivers on the Avalon Peninsula where gas is typically cheapest will pay a maximum of $1.66per litre.

Prices vary in other parts of the province, but now range between $1.66 and $1.83 across the rest of Newfoundland and between $1.64 and $2.20 per litre in Labrador.

Diesel increased by the highest amount on Thursday up 9.8 cents per litre across much of the province and by seven cents per litre in Labrador West and Churchill Falls. That puts maximum prices between $1.79 and $1.90 per litre in Newfoundland and between $1.88 and $2.59 per litre in Labrador.

The price of home heating oilroseby8.5 cents per litre. That meanscustomers in Newfoundland will pay maximum prices between $1.14 and $1.32 per litre depending on their location.

Hikes in the price of diesel and furnace oil reflect a season change, according to the PUB, when the switch is made to a winter blend of50 per cent ultra-low-sulphur kerosene and 50 per cent low-sulphur diesel.

Lastly, the price of stove oil also increased, up by 6.1 cents per litre in Labrador West and Churchill Falls. Maximum prices for the fuel now range between $1.14 and $1.32 per litre in Newfoundland and $1.25 and $1.95 per litre in Labrador.

Propane was the only fuel to decrease in price, albeit by just 0.1 cents per litre. Propane prices now range between92 cents and $1.05 per litre in Newfoundland and between 78 cents and $1.23 per litre in Labrador.

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