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August 26, 1999
(Mines and Energy)


GASOLINE MARKET WATCH - AUGUST 24, 1999
SELF SERVE REGULAR GASOLINE
(CENTS PER LITRE)

Aug 10

Aug 24

+ / -

Newfoundland and Labrador

St. John's

68.9

68.9

0.0

          Conception Bay South

         NA             63.9

Clarenville

69.9

69.9

0.0

Gander

69.9

72.9

3.0

Grand Falls-Windsor

69.9

69.9

0.0

Corner Brook

69.9

69.9

0.0

St. Anthony

71.9

71.9

0.0

Port aux Basques

70.9

69.9

-1.0

Labrador City (full serve)

74.9

74.9

0.0

Happy Valley-Goose Bay (full serve)

74.5

74.5

0.0

Eastern Canada

Charlottetown

53.2

53.6

0.4

Halifax

66.9

66.9

0.0

Saint John

64.4

64.3

-0.1

Moncton

64.9

64.9

0.0

Montreal

67.5

67.0

-0.5

Canada Average

62.6

62.1

-0.5

 

Source: Government of Newfoundland and Labrador Department of Mines and Energy, M.J. Ervin & Associates

Market Highlights:

  • With the exception of Port aux Basques and Gander, retail gasoline prices remained unchanged over the survey period. Gander reported a 3.0 cpl increase which follows on the increases previously reported for other provincial markets in mid-July. Port aux Basques reported a 1.0 cpl decrease. For the communities surveyed, Conception Bay South continues to have the least expensive price of 63.9 cpl.

  • From August 10, 1999, to August 24, 1999, refinery wholesale prices, as measured by the Montreal refinery rack price, remained unchanged at an average of 27.1 cpl.

  • Crude oil prices marginally increased from $21.30 US per barrel to $21.47 US per barrel over the survey period.

Note: More detailed information may be found on the Department of Mines and Energy Web Page (www.gov.nl.ca)

Questions or comments may be directed to Wayne Andrews at (709) 729-5899.

1999 08 26 11:00 a.m.


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