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  1. www.cbc.ca › news › canadaFuel price hikes almost certain, according to new PUB price ...

    Jun 6, 2024 · A separate review for Labrador is expected in the coming weeks. The report was mandated by the provincial government in 2022 to review the suitability of the pricing mechanism for benchmark...

  2. www.cbc.ca › nl-fuel-prices-dec-21/23/1Labrador fuel prices rise with clean fuel regulation costs ...

    Dec 21, 2023 · The prices of gasoline and diesel are up in Labrador due to rising costs for suppliers tied to federal clean fuel regulations, according to Newfoundland and Labrador's Public Utilities...

  3. vocm.com › 2022/01/05 › gas-prices-predicted-to-riseGas Prices Predicted to Rise for the Foreseeable Future | VOCM

    Jan 5, 2022 · A gas price watcher expects prices to rise in Newfoundland and Labrador not only tomorrow but for the foreseeable future. Dan McTeague of Canadians for Affordable Energy predicts that gas, diesel and home heating fuel will all cost more tomorrow—about 1.1 cents.

  4. www.pub.nl.ca › PP_petroleumproductsBoard of Commissioners of Public Utilities

    117.08. Excluding Applicable Taxes. Propane. Base Zone. 101.9. Excluding Applicable Taxes. Current Maximum Pricing: Motor Fuel - Heating Fuel. Maximum Pricing All Zones. 2022-23 Petroleum Products Pricing Review.

  5. www.cbc.ca › news › canadaHow does the PUB calculate gas prices in N.L.? Here's what we ...

    • The Benchmark
    • Marking Up
    • Then Comes The Taxes
    • More Transparency Coming, Says Government

    To calculate motor fuel prices each week, the PUB pays for data from Platts U.S. Marketscan, an overview of United States fuel markets which sets a daily "benchmark" price. The benchmark price for gas is influenced by numerous factors, including the price of crude oil and global events like the COVID-19 pandemic and Russia's invasion of Ukraine in ...

    See full list on cbc.ca

    Once the PUB has calculated that base price for motor fuel — $1.2477 per litre on the Avalon Peninsula as of Friday — it adds what it calls a "total allowed markup." That markup was $0.2593 per litre of self-service gas on the Avalon Peninsula on Friday. In a statement provided to CBC News, PUB director of corporate services Cheryl Blundon said tha...

    See full list on cbc.ca

    After that, it's time to add taxes — which is where the government does have some say in what people pay. In the House of Assembly, Progressive Conservative Opposition members have hammered the provincial government for its gas tax. Finance Minister Siobhan Coady hasn't budged on current taxation, and said eliminating the carbon tax on gas could me...

    See full list on cbc.ca

    Last week, Digital Government and Service N.L. Minister Sarah Stoodley announced details of new amendmentsto the Petroleum Products Act, meant to give more transparency to how the PUB calculates fuel prices. "Right now, government doesn't have the information on, for example, what's involved in the total allowed markup. That's kind of a mystery for...

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  6. vocm.com › 2022/09/29 › fuel-prices-predicted-toFuel Prices Predicted to Climb in Coming Weeks | VOCM

    Sep 29, 2022 · Fuel Prices Predicted to Climb in Coming Weeks. Sep 29, 2022 | 3:53 PM. Fuel prices are at about the lowest that Newfoundland and Labrador will see for some time according to an analyst. Prices went up slightly for gas but jumped by between 3.5 and 4 cents for diesel and heating fuels.

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  8. vocm.com › 2022/02/23 › gas-prices-predicted-to-seeGas Prices Predicted to See Slight Decrease Following ... - VOCM

    Feb 23, 2022 · For the first time in 11 weeks, fuel prices are going to drop in Newfoundland and Labrador. Analyst Dan McTeague says gas will go down by 1.5 cents tomorrow with diesel also going down but by an even greater margin—3.3 cents.