Government Services
December 16, 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,
December 16, 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 decreased by 1.5 or 1.6 cents per litre (cpl);
- Diesel motor fuel decreased
by 0.3 or 0.4 cpl;
- Furnace oil heating fuel
increased by 0.06 cpl;
- Stove oil heating fuel
decreased by 0.05 cpl; and,
- Propane heating fuel
experienced no change at this time.
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 1.40 cpl, resulting in a 1.6 cpl
decrease, accounting for taxation and rounding.
The next scheduled price change
is Thursday, December 23, 2010.
- 30 -
1.
Automotive Fuels — Maximum
Retail Pump Prices — Effective December 16, 2010
2.
Heating Fuels — Maximum Tank Wagon (or ** Tank Farm) Prices —
Effective December, 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 12 16
10:15 a.m.
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