GASOLINE MARKET WATCH - NOVEMBER 16, 1999

November 18, 1999
(Mines and Energy)

GASOLINE MARKET WATCH - NOVEMBER 16, 1999
SELF SERVE REGULAR GASOLINE
(CENTS PER LITRE)

		Nov 2	Nov 16	+/-
Newfoundland & Labrador
	St. John’s	71.9	71.9	0.0
	Conception Bay South	67.9	67.9	0.0
	Clarenville	73.9	72.9	-1.0
	Gander	73.9	72.9	-1.0
	Grand Falls	73.9	72.9	-1.0
	Corner Brook	73.9	72.9	-1.0
	St. Anthony	75.9	74.9	-1.0
	Port Aux Basques	73.9	72.9	-1.0
	Labrador City (Full Serve)	78.9	78.9	0.0
	Happy Valley Goose Bay (Full Serve)	77.9	77.9	0.0
Eastern Canada
	Charlottetown	61.3	61.3	0.0
	Halifax	66.9	66.9	0.0
	Saint John	62.4	63.4	1.0
	Moncton	66.4	60.5	-5.9
	Montreal	66.9	67.2	0.3

Canada Average		61.4	63.1	1.7

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

Market Highlights:

Retail gasoline prices throughout a number of communities in the Province fell by 1.0 cpl. For the communities surveyed, Conception Bay South continues to have the least expensive price of 67.9 cpl.
From November 2, 1999 to November 16, 1999, refinery wholesale prices, as measured by the Montreal refinery rack price, increased by 2.0 cpl to 28.6 cpl.
Crude oil prices increased from $22.39 US per barrel to $25.70 US per barrel over the current survey period.

Note: More detailed information may be found on the Department of Mines & Energy Web Page (Questions or comments may be directed to Wayne Andrews at (709) 729-5899

1999 11 18 11:30

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