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February 17, 2000
(Mines and Energy)


 GASOLINE MARKET WATCH - FEBRUARY 15, 2000
SELF SERVE REGULAR GASOLINE
(CENTS PER LITRE)

Newfoundland & Labrador Feb 1 Feb 15 +/-
St. John's 76.5 76.5 0.0
Conception Bay South 72.9 72.9 0.0
Clarenville 78.9 78.9 0.0
Gander 78.9 78.9 0.0
Grand Falls 78.9 78.9 0.0
Corner Brook 77.9 77.9 0.0
St. Anthony 79.9 79.9 0.0
Port aux Basques 78.9 78.9 0.0
Labrador City (Full Serve) 82.9 82.9 0.0
Happy Valley-Goose Bay (Full serve) 81.9 81.9 0.0

 

Eastern Canada Feb 1 Feb 15  +/-
Charlottetown 63.4 63.6  0.2
Halifax 69.9 72.9  3.0
Saint John 68.2 67.7 -0.5
Moncton 68.9 62.0 -6.9
Montreal 70.7 72.5  1.8

 

Canada Average Feb 1 Feb 15 +/-
  63.5 67.5 4.0

Market Highlights:

Retail gasoline prices throughout the province remained unchanged throughout the past two week period. For the communities surveyed, Conception Bay South continues to have the least expensive price of 72.9 cpl.

From February 1, 2000 to February 15, 2000 refinery wholesale prices, as measured by the Montreal refinery rack price, increased by 0.7 cpl to 32.0 cpl.

Crude oil prices increased from $28.22 US per barrel to $30.06 US per barrel over the current survey period.

Note: More detailed information may be found on the Department of Mines & Energy Web Site (www.gov.nl.ca/mines&en/COPPPM2.HTM)

Media contact: Wayne Andrews, (709) 729-5899.

2000 02 17                                                         10:20 a.m.


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