Government Services
October 7, 2010
The following is being distributed at
the request of the Board of Commissioners of Public Utilities:
Weekly Adjustment of
Maximum Prices of Regulated Petroleum Products
Effective 12:01 a.m. Thursday, October 7,
2010, the Public Utilities Board set maximum prices for all regulated
petroleum products in all areas of the province.
Maximum fuel prices will change as
follows:
- All types of gasoline motor fuel
increased by 4.3 or 4.4 cents per litre (cpl);
- Diesel motor fuel increased by 4.3
to 4.6 cpl;
- Furnace oil and stove oil heating
fuel increased by 3.72 cpl; and,
- Propane heating fuel increased by
1.1 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, increased over the period by 3.84 cpl,
resulting in a 4.3 cpl increase, accounting for taxation and rounding.
The next scheduled price change is
Thursday, October 14, 2010.
- 30 -
1.
Automotive Fuels — Maximum Retail Pump Prices — Effective October 7,
2010
2.
Heating Fuels — Maximum Tank Wagon (or ** Tank Farm) Prices —
Effective October 7, 201
0
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 10 07
1:25 p.m.
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