Government Services
December 17, 2009
The 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 17, 2009, 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 changed as follows:
- All types of gasoline decreased by 4.0 or 4.1
cents per litre (cpl) � depending on the HST
rounding impact;
- Ultra low sulphur diesel (ULSD) decreased by 1.6
or 1.7 cpl � also depending on HST rounding;
- No. 2 blend furnace oil decreased by 0.76 cpl;
- Stove oil decreased by 1.24 cpl; and,
- Residential propane used for home heating
purposes increased by 2.3 cpl.
These maximum prices reflect the change in the
average benchmark price of the product(s) 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 decreased over the period by 3.5 cpl, resulting
in a 4.0 cpl decrease, accounting for taxation and
rounding.
The next scheduled price change is Thursday, December
31, 2009.
- 30 -
1. Automotive Fuels � Maximum Retail Pump Prices �
Effective December 17, 2009
2. Heating Fuels � Maximum Tank Wagon (or ** Tank Farm)
Prices � Effective December 17, 2009
Media contact:
Michelle Hicks
Communications
1-866-489-8800, 709-489-8837
Email:
mhicks@pub.nl.ca or visit the board�s website:
www.pub.nl.ca.
2009 12 17
10:00 a.m.