February 3, 2000
(Mines and Energy)
GASOLINE MARKET WATCH - FEBRUARY 1, 2000
SELF SERVE REGULAR GASOLINE
(CENTS PER LITRE)
| Newfoundland and Labrador |
Jan 18 |
Feb 1 |
+/- |
| St. John's | 74.5 | 76.5 | 2.0 |
| Conception Bay South | 70.9 | 72.9 | 2.0 |
| Clarenville | 76.9 | 78.9 | 2.0 |
| Gander | 76.9 | 78.9 | 2.0 |
| Grand Falls-Windsor | 76.9 | 78.9 | 2.0 |
| Corner Brook | 75.1 | 77.9 | 2.8 |
| St. Anthony | 78.9 | 79.9 | 1.0 |
| Port aux Basques | 76.9 | 78.9 | 2.0 |
| Labrador City (full serve) | 82.9 | 82.9 | 0.0 |
| Happy Valley-Goose Bay (full serve) | 81.9 | 81.9 | 0.0 |
| Eastern Canada | Jan 18 | Feb 1 | +/- |
| Charlottetown | 63.2 | 63.4 | 0.2 |
| Halifax | 69.9 | 69.9 | 0.0 |
| Saint John | 63.3 | 68.2 | 4.9 |
| Moncton | 66.9 | 68.9 | 2.0 |
| Montreal | 67.5 | 70.7 | 3.2 |
| Canada Average | Jan 18 | Feb 1 | +/- |
| 63.7 | 63.5 | -0.2 |
Market Highlights:
Retail gasoline prices increased on average by 2.0 cpl throughout the province in response to increases in crude oil prices earlier in January that were ultimately reflected in wholesale prices. For the communities surveyed, Conception Bay South continues to have the least expensive price of 72.9 cpl.
From January 18, 2000 to February 1, 2000 refinery wholesale prices, as measured by the Montreal refinery rack price, increased by 3.4 cpl to 31.3 cpl.
Crude oil prices decreased from $28.85 US per barrel to $28.22 US per barrel over the current survey period.
Note: More detailed information may be found on the Department of Mines and Energy Web Page (www.gov.nl.ca)
Media contact: Wayne Andrews, (709) 729-5899.
2000 02 03 11:05 a.m.
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