Government Services
October 21, 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 21, 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 1.4 or 1.5 cents per litre (cpl);
- Diesel motor fuel decreased by 1.1 to
1.2 cpl;
- Furnace oil and stove oil heating fuel
decreased by 0.83 cpl; and,
- Propane heating fuel decreased by 0.1
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,
decreased over the period by 1.26 cpl, resulting in a 1.4 cpl
decrease, accounting for taxation and rounding.
The next scheduled price change is Thursday,
October 28, 2010.
- 30 -
1.
Automotive Fuels — Maximum Retail Pump Prices —
Effective October 21, 2010
2.
Heating Fuels —
Maximum Tank Wagon (or ** Tank Farm) Prices —
Effective October 21, 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 20 21 10:20 a.m. |