News Releases
Government Home Search Sitemap Contact Us  


May 27, 1999
(Mines and Energy)


GASOLINE MARKET WATCH - MAY 1999
SELF SERVE REGULAR GASOLINE
(CENTS PER LITRE)

Newfoundland and Labrador    April 27   May 25  + / -
St. John's                                  62.9 63.9   1.0
Clarenville                               65.9  66.9 1.0
Gander                                 65.9   68.9  3.0
Grand Falls-Windsor                        64.9 67.9   3.0
Corner Brook                   64.9                 67.9 3.0
St. Anthony                                   68.9  71.9 3.0
Port aux Basques                              66.9 69.9 3.0
Labrador City                                 68.4 68.4  0.0
Happy Valley-Goose Bay                      69.9 72.9  3.0

Eastern Canada April 27   May 25  + / -
Charlottetown                               47.9  49.3  1.4
Halifax                                      58.9  59.9 1.0
Saint John                                   57.4  59.1 1.7
Montreal                                      59.8 62.1 2.3

Canada Average April 27 May 25 + / -
55.8 54.9 -0.9

Source: Government of Newfoundland and Labrador Department of Mines and Energy, M.J. Ervin & Associates

Market Highlights:

  • Retail gasoline prices throughout most markets in the province increased by three cents per litre (cpl) in May 1999. Since April 7, 1999, retail prices have increased by seven cpl and, as indicated in the previous months Gasoline Market Watch, is comparable to increases throughout other Canadian markets.

  • Retail prices in St. John's had increased by three cpl on May 4, 1999, and decreased by two cpl on May 25, in response to competitive pressures from the Conception Bay South region where prices are currently reported to be 56.9 cpl.

  • From April 27, 1999, to May 25, 1999, refinery wholesale prices, as measured by the Montreal refinery rack price, had decreased by 1.9 cpl.

  • Crude oil prices have marginally fallen from $17.81 US per barrel to $17.14 US per barrel over the same period.

Note:   More detailed information may be found on the Department of Mines and Energy Web Page (www.gov.nl.ca)

Questions or comments may be directed to Wayne Andrews at (709) 729-5899

1999 05 27         2:30 p.m.


SearchHomeBack to GovernmentContact Us


All material copyright the Government of Newfoundland and Labrador. No unauthorized copying or redeployment permitted. The Government assumes no responsibility for the accuracy of any material deployed on an unauthorized server.
Disclaimer/Copyright/Privacy Statement