Gas prices slide again; furnace oil dips slightly
For the sixth time in the last seven weeks, the price of gas dropped Thursday across Newfoundland and Labrador.
The Public Utilities Board lowered the maximum price on all grades of gasoline by 1.7 cents a litre.
Despite an upward bump last week, gas prices have been sliding since mid-January, with gas now about 10 cents cheaper than it was then.
Thursday's weekly setting means that a litre of self-serve unleaded gas on the Avalon Peninsula, where prices are lowest, can now be sold for no more than $1.315.
Comparative prices around the province include $1.33 in Grand Bank, $1.354 in Springdale and $1.482 in southern Labrador.
The PUB lowered the cost of diesel by 0.5 cents.
Furnace oil also dropped, by 0.86 cents a litre, while stove oil dropped 0.4 cents a litre.
Price trend
The following chart shows the recent trend in average gas prices in the province, as reported by individual consumers through GasBuddy.com. [Not seeing the interactive on your mobile phone? Click here.]
