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June 10, 2010

The 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, June 10, 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 either experienced no change or increased by 0.1 cents per litre (cpl);
  • Diesel motor fuel decreased from 0.5 to 0.7 cpl;
  • Furnace oil and stove oil heating fuel decreased by 0.65 cpl; and,
  • Propane heating fuel increased by 1.8 cpl.

These maximum prices reflect the change in the average benchmark price of the products over the seven-day period ending Tuesday of this week.

The next scheduled price change is Thursday, June 17, 2010.

- 30 -

1. Automotive Fuels — Maximum Retail Pump Prices — Effective June 10 2010
2. Heating Fuels — Maximum Tank Wagon (or ** Tank Farm) Prices — Effective June 10, 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 06 10                                                    10:20 a.m.


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