Unexpected price change sees gas drop by 9.9 cents per liter in NL

In Newfoundland and Labrador, gas prices fell by 9.9 cents per liter. (Dan McGarvey/CBC)

In an unexpected change ahead of the weekend, the Newfoundland and Labrador oil and gas regulator cut the price of regular gasoline by 9.9 cents a liter.

The Public Utilities Board says this is because of “recent developments in the commodities market,” meaning the board is stepping in to adjust maximum prices beyond the regularly scheduled weekly update on Thursday.

A gallon of regular self-service gasoline now costs $1.81 in the Avalon Peninsula, $1.83 in the Burin Peninsula and central Newfoundland, $1.87 in the Connaigre Peninsula, $1.85 in Springdale, $1.82 in Corner Brook, $1.83 in the Codroy Valley and $1.83 to $1.85 in the Northern Peninsula.

In Labrador, prices are now $2.35 in the straits, $2.39 in the south, $2.16 in the center, $1.88 in western Labrador and $1.90 in Churchill Falls.

Other fuel types remain flat in price since Thursday’s planned price shift.

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

Read more articles from CBC Newfoundland and Labrador

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