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      • Effective 12:01 a.m. Friday, August 26, 2022, the changes to maximum prices are as follows: all types of gasoline motor fuel will decrease by up to 7.1 cents per litre (cpl); diesel motor fuel will increase by up to 7.9 cpl; furnace oil heating fuel will increase by 6.80 cpl; and stove oil heating fuel will increase by up to 6.80 cpl.
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  2. Effective 12:01 a.m. Thursday, June 16, 2022, the Public Utilities Board set maximum prices for all regulated petroleum products in all areas of the province, except gasoline and diesel motor fuels and stove oil heating fuel in Zones 10, 11, 11a, 11b, and 14.

  3. all types of gasoline motor fuel will increase by up to 1.9 cents per litre (cpl); diesel motor fuel will decrease by up to 3.3 cpl; furnace oil heating fuel will decrease by 2.86 cpl; stove oil heating fuel will decrease by up to 3.73 cpl; and, propane heating fuel will increase by 0.3 cpl.

  4. stove oil heating fuel will increase by up to 6.80 cpl. These maximum prices reflect the change in the average benchmark price of the products since the Board last adjusted maximum prices on Thursday, August 25, 2022.

  5. Current Maximum Petroleum Products Pricing for Base Zone: June 27, 2024. Media Release. Reg Self-Serve. Base Zone. 180.1. Diesel. Base Zone. 182.5.

  6. Budget 2022 growth forecasts. Gross Domestic Product (GDP) The Department of Finance expects Newfoundland and Labrador’s nominal and real GDP to grow by 10.1 and 0.9 per cent, respectively, in 2022. Higher GDP growth relative to what was forecasted at budget is due to higher than expected oil prices and oil production (see Table 1). Consumer ...

  7. 1 Indicates Maximum Retail Price at Tank Farm (undelivered) Newfoundland and Labrador Board of Commissioners of Public Utilities Petroleum Pricing Order Effective June 18, 2022

  8. Apr 1, 2022 · With global fuel prices continue to shift, the Public Utilities Board has stepped in again to adjust prices of diesel, furnace oil and stove heating oil in Newfoundland and Labrador on Friday.

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