Cost of gas jumps over 12 cents across parts of Labrador as summer price freeze lifts

Drivers across much of Labrador are seeing a large increase in the price of gasoline Thursday as the Public Utilities Board has lifted its summer price freeze.

The price of gas in Labrador from the Straits to Red Bay, southern Labrador from Lodge Bay to Cartwright, and parts of the south coast where fuel is tanker supplied or delivered by drum increased by over 12 cents per litre on Thursday. The change raises the price of fuel in the regions to between $1.96 and $2.25 per litre.

In a press release, the PUB said fuel has been restocked across the region, and an adjustment Thursday reflects the cost of delivering the supply. Other areas of Labrador, like central Labrador and the northern coast, remain under a price freeze.

The cost of diesel and stove oil dropped as a result of the price freeze ending. The price of diesel decreased by 2.5 cents across the affected regions — lowering the maximum price to between $2.18 and $2.39 per litre — while the price of stove oil went down 2.18 cents per litre. The change puts the price of stove oil between $1.62 and $1.85 per litre in those regions.

The PUB also made a separate adjustment to the price of full-serve gasoline at Black Tickle Convenience in Black Tickle, which will see its price drop almost 38 cents per litre — from around $2.46 to $2.08 per litre — as of Thursday.

Areas outside those regions in Labrador saw the price of gas increase by one cent per litre Thursday.

The change raises the price of gas to between $1.89 and $2.07 per litre across Newfoundland and between $1.69 and $1.98 in parts of Labrador not subject to the price freeze adjustment.

Diesel is up five cents per litre across in Newfoundland and parts of Labrador and 6.6 cents in Labrador West and Churchill Falls. Prices for the fuel now range from $2.05 to $2.17 per litre in Newfoundland and from $1.95 to $2.39 per litre in Labrador.

Both furnace oil and stove oil increased by 4.27 cents per litre in Newfoundland, while stove oil increased by 6.18 cents per litre in Labrador West and Churchill Falls.

Newfoundland customers will now pay between $1.43 and $1.61 per litre for furnace oil and between $1.48 and $1.65 for stove oil, while customers in Labrador will pay between $1.58 and $1.85 per litre for stove oil.

Propane was the lone fuel to decrease in price on Thursday, down one cent per litre.

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