Government
Services
April 29, 2010The following is being distributed at the request of the Public
Utilities Board's Petroleum Pricing Office (PPO):
Weekly
Adjustment of Maximum Prices of
Regulated Petroleum Products
Effective 12:01 a.m. Thursday, April 29, 2010,
the Public Utilities Board 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 motor fuel increased by 1.0 or 1.1
cents per litre (cpl) — depending on the HST
rounding impact;
Diesel motor fuel increased by 0.4 or 0.5 cpl — also depending on HST rounding;
Furnace oil heating fuel increased by 0.21 cpl;
Stove oil heating fuel increased by 0.47 cpl; and,
Propane heating fuel experienced no change.
These maximum prices reflect the change in the average benchmark
price of the products over the seven-day period ending Tuesday of this
week.
As an example, the average benchmark price
for gasoline, as tracked on the New York Mercantile Exchange (NYMEX) and
converted to Canadian dollars, increased over the period by 0.95 cpl,
resulting in a 1.1 cpl increase, accounting for taxation and rounding.
The next scheduled price change is Thursday, May 6, 2010.
- 30 -
1. Automotive Fuels
— Maximum Retail Pump Prices — Effective April 29, 2010
2. Heating Fuels — Maximum Tank Wagon (or ** Tank Farm)
Prices — Effective April 29, 2010
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
2010 04 29 9:40 a.m.
|