NL

Gas prices jump by nearly 6 cents across much of N.L.

The price of gas is up 5.7 cents per litre Thursday, and customers on the Avalon Peninsula will pay now pay $1.735 per litre.

Diesel rises 10 cents per litre

A photo of a gas station.
The price of gasoline rose 5.7 cents per litre across much of Newfoundland and Labrador Thursday morning. (Ted Dillon/CBC)

The price of gasoline is up 5.7 cents per litre across much of Newfoundland and Labrador Thursday morning, along with the prices of most other fuels in the province.

Customers on the Avalon Peninsula will pay $1.735 per litre.

Prices vary in other parts of the province, including $1.75 per litre on the Burin Peninsula, $1.76 in central Newfoundland, $1.79 on the Connaigre Peninsula, $1.74 in the Corner Brook and Deer Lake area and $1.77 on the island's Northern Peninsula.

In Labrador, prices remain at $2.28 per litre in the Straits, $2.32 in the south, $2.16 in central Labrador, $1.73 in western Labrador and $1.75 in Churchill Falls.

Diesel took the highest jump of all fuels, up 10 cents per litre. Prices in Newfoundland now range from $2.17 on the Avalon Peninsula to $2.28 on Change Islands and the La Poile area, while customers will pay between $2.17 and $2.61 per litre in Labrador.

Furnace oil rose by 6.6 cents per litre. The price of stove oil increased in Newfoundland by 0.3 cents per litre, while dropping in Labrador by almost 1.4 cents per litre.

Propane also decreased across the province, dropping 2.7 cents per litre.

The provincial government announced Wednesday the temporary reduction of the province's gas tax will remain in place until March 31.

The 50 per cent reduction, which began in June, was implemented as a temporary measure to help residents with the rising cost of living. The reduction was originally meant to end at the end of the year.

The following chart shows how gas prices have changed recently at Newfoundland and Labrador retailers, as reported by users of the GasBuddy.com website.

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