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- all types of gasoline motor fuel will increase by up to 1.2 cents per litre (cpl); diesel motor fuel will increase by up to 2.8 cpl; furnace oil heating fuel will increase by 2.38 cpl; stove oil heating fuel on the Island will increase by 2.38 cpl; stove oil heating fuel in Zones 13 and 13a will increase by 5.43 cpl; and,
www.pub.nl.ca/PP/Orders/press/2022/PPO_Media220616.pdfWeekly Adjustment of Maximum Prices of Regulated Petroleum ...
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Oct 19, 2022 · On the back of higher than expected revenue from oil — and taxes — Newfoundland and Labrador is projecting a 2022 budget surplus of nearly half a billion dollars.
Oil Production Up 1.0% in April 2024. According to the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), approximately 6.6 million barrels of oil were extracted from offshore Newfoundland and Labrador in April 2024, representing an increase of 1.0% compared to April 2023.
Budget assumptions versus daily Brent spot prices and year-to-date (YTD) averages. Fiscal Year. Note: The daily Brent spot prices are the daily Brent closing spot prices from the U.S. Energy Information Administration.
4.7 per cent in 2022, as higher spending on oil projects will be mitigated by lower mining-related investment and the completion of construction at Muskrat Falls. In terms of residential spending, housing starts have increased notably (44.4 per cent) through the first three quarters of 2022. For the year as a whole, total provincial housing ...
Oct 19, 2022 · The province unveiled its mid-year economic update Wednesday, which projects a $479-million surplus for the 2022-23 fiscal year. The figure marks a sharp contrast from the $351-million deficit...
Mar 25, 2022 · Home heating oil is up another 11.51 cents per litre, about 25 cents on the week. The northeast Avalon is set at $1.65 per litre, central Newfoundland is $1.69, Corner Brook area is $1.66 ...
Newfoundland and Labrador's fiscal and economic update reveals how the province's finances have benefited from better-than-expected economic conditions and higher-than-planned oil prices, as a projected $351 million deficit for 2022-23 has transformed into a $479 million surplus.