Government Services
December 3, 2009The
following is being distributed at the request of the
Public Utilities Board�s Petroleum Pricing Office (PPO):
Regular Adjustment of
Maximum Prices of Regulated Petroleum Products
Effective 12:01
a.m. Thursday, December 3, the Public Utilities
Board, following its regular adjustment schedule, set
maximum prices for all regulated petroleum products in
all areas of the province, except where maximum price
adjustments have been suspended for the winter months.
Maximum fuel prices
will change as follows:
All types of gasoline increased
by 1.2 cents per litre (cpl);
Ultra low sulphur diesel (ULSD)
decreased by 0.1 or 0.2 cpl �
depending on the HST rounding impact;
No. 2 blend furnace oil decreased
by 0.52 cpl;
Stove oil decreased by 0.30 cpl;
and,
Residential propane used for home
heating purposes increased by 1.2 cpl.
These maximum prices reflect the
change in the average benchmark price of the products
since the last pricing period. As an example, the
average benchmark price for gasoline, as tracked on the
New York Mercantile Exchange (NYMEX), converted to
Canadian dollars increased over the period by 1.1 cpl,
resulting in a 1.2 cpl increase, accounting for
taxation and rounding.
The next scheduled price change is
Thursday, December 17, 2009.
- 30 -
1.
Automotive Fuels � Maximum Retail Pump Prices �
Effective December 3, 2009
2. Heating Fuels � Maximum Tank Wagon (or ** Tank Farm)
Prices � Effective December 3, 2009
Media contact:
Michelle Hicks
Communications
1-866-489-8800, 489-8837
Email:
mhicks@pub.nl.ca or visit the Board�s website:
www.pub.nl.ca.
2009 12 03
10:35 a.m.
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