Gas prices drop by largest amount since mid-October

Alex Kennedy · CBC News

· Posted: Mar 13, 2025 9:20 AM EDT | Last Updated: 11 minutes ago

Gas prices dropped crossed immoderate parts of Newfoundland and Labrador by arsenic overmuch arsenic 4.8 cents per litre Thursday, marking the largest terms alteration for substance successful astir 5 months.

Thursday's terms accommodation by the Public Utilities Board accounted for zone differential increase across Newfoundland's antithetic pricing zones, meaning the terms of gasoline dropped by a scope of 3.7 to 4.8 cents per litre depending connected location. A akin alteration happened past week.

The alteration means drivers connected the Avalon Peninsula volition wage a maximum terms of $1.65 per litre. Prices alteration crossed the remainder of the island, but scope betwixt $1.66 and $1.81 per litre.

While overmuch of Labrador remains nether a terms freeze, gasoline prices successful Labrador West and Churchill Falls lowered by 4.8 cents per litre. Maximum substance prices present scope betwixt $1.73 and $2.16 per litre successful the region.

Thursday's alteration of 4.8 cents per litre connected the Avalon Peninsula marks the largest substance terms alteration since Oct. 10.

All different substance types also decreased successful price.

The terms of diesel dropped successful a scope betwixt 3.5 and 4.7 cents per litre. Prices present scope betwixt $1.95 and $2.08 per litre successful Newfoundland and betwixt $1.82 and $2.25 per litre successful Labrador.

Furnace lipid decreased between 3.1 and 4.1 cents per litre, meaning customers successful Newfoundland are paying maximum prices betwixt $1.28 and $1.48 per litre depending connected their location.

Stove lipid decreased successful Labrador West and Churchill Falls, putting maximum prices for the substance betwixt $1.20 and $1.69 per litre successful Labrador.

The terms of propane decreased by 1.4 cents per litre. That means prices for the substance present scope betwixt $1.17 and $1.32 per litre successful Newfoundland and betwixt $1 and $1.35 per litre successful Labrador.

This week besides marks the past week substance prices volition beryllium adjusted connected Thursdays, arsenic the PUB is adjustments to Fridays opening adjacent week.

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