Effective 12:01 a.m. Thursday, September
23, 2010, the Public Utilities Board set maximum prices for all
regulated petroleum products in all areas of the province.
Maximum fuel prices changed as follows:
all types of gasoline motor fuel decreased by 1.1 or 1.2 cents per
litre (cpl);
diesel motor fuel decreased by 0.1 or 0.2 cpl;
furnace oil and stove oil heating fuel increased by 0.11 cpl; and,
propane heating fuel increased by 1.0 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.
As an example, the average benchmark price for gasoline, as
tracked on the New York Mercantile Exchange (NYMEX) and converted to
Canadian dollars, decreased over the period by 1.01 cpl, resulting in a
1.1 cpl decrease, accounting for taxation and rounding.
The
next scheduled price change is Thursday, Sept. 30, 2010.
- 30 -
1. Automotive Fuels - Maximum Retail Pump Prices - Effective September
23, 2010.
2. Heating Fuels - Maximum Tank Wagon (or**Tank Farm) Prices -
Effective September 23, 2010.
Media contact:
Michelle Hicks
Communications
1-866-489-8800, 489-8837
mhicks@pub.nl.ca or visit the
board's website: www.pub.nl.ca
2010 09 23 10:50
a.m.