Gas prices rise again, up by almost 3 cents a litre

It will cost consumers in Newfoundland and Labrador more to fill up their gas tanks. 

In its weekly pricing report, the Public Utilities Board set its maximum prices for regulated petroleum products in all areas of the province on Thursday morning.

All types of self-serve gasoline will increase by up to 2.8 cents per litre, although diesel motor fuel will decrease by up to 0.2 cents a litre. 

For example, on the Avalon Peninsula, where prices are cheapest, a litre of self-serve gas will cost $1.274. The highest cost on the island is in Ramea, where it's $1.396 for a litre of self-serve gasoline. 

Prices are now where they were in mid-October. 

There's a slight increase in the cost of both furnace and stove oils, by about a third of a cent per litre.

Propane heating fuel however, will take a dip – by 3.5 cents a litre.

Meanwhile, customers in coastal Labrador — where prices have been frozen over the winter and spring — are again paying market rates now that shipping has resumed. 

Self-serve gasoline will jump in those zones by 5.9 cents per litre, while diesel motor fuel will decrease by 8.3 cents a litre. 

The largest drop however, is in stove oil heating fuel — which will decrease in two Labrador zones by 11.64 cents per litre.

The following chart shows the recent trend in gas prices in the province.

(Not seeing the chart on a mobile device? Click here.)