Government Services
December 30, 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 30, 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
increased by 2.6 or 2.7 cents per litre (cpl);
- diesel motor fuel increased by 1.2 or
1.3 cpl;
- furnace oil heating fuel increased
by 1.77 cpl;
- stove oil heating fuel increased by
1.37 cpl; and,
- propane heating fuel increased by 1.2
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 2.37 cpl, resulting in a 2.7 cpl
increase, accounting for taxation and rounding.
The next scheduled price change is Thursday,
January 6, 2011.
- 30 -
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
1. Automotive Fuels - Maximum Retail Pump Prices - Effective
December 30, 2010.
2. Heating Fuels - Maximum Tank Wagon
(or**Tank Farm) Prices - Effective December 30, 2010.
2010 12 30 10:35 a.m. |