Gas Prices Fall Below $2 on Avalon Peninsula Amid Price Adjustments
Gas dips below $2 on Avalon Peninsula with latest price adjustment

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Gas prices in Newfoundland and Labrador have decreased, with prices dropping 2.1 cents per litre on the Avalon Peninsula, now at $1.98 per litre. Diesel and other fuel prices also saw reductions, with adjustments prompted by market fluctuations linked to the ongoing conflict in the Middle East.
- 01The maximum gas price on the Avalon Peninsula is now $1.98 per litre.
- 02In the La Poile area, gas prices reach up to $2.13 per litre.
- 03Diesel prices decreased by 4.7 cents per litre in Newfoundland and by 6.4 cents in Labrador West and Churchill Falls.
- 04Furnace oil prices dropped by over four cents per litre.
- 05The next price adjustment is scheduled for Tuesday, reflecting ongoing market fluctuations.
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On Saturday, gas prices across Newfoundland and Labrador saw a decrease of 2.1 cents per litre, with the Avalon Peninsula's prices dipping below $2, now at $1.98 per litre. The Public Utilities Board (PUB) announced these adjustments, which also affect other fuels. For instance, diesel prices fell by 4.7 cents per litre throughout Newfoundland, and by 6.4 cents in regions such as Labrador West and Churchill Falls. Additionally, furnace oil prices decreased by just over four cents per litre, while stove oil saw a reduction of nearly 6.1 cents per litre in Labrador West and Churchill Falls. The adjustments are attributed to ongoing market fluctuations, particularly influenced by the war in the Middle East. The PUB has scheduled the next price adjustment for Tuesday, indicating that consumers should stay alert for further changes in fuel prices as the situation evolves.
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Consumers in Newfoundland and Labrador will benefit from lower fuel prices, impacting transportation and heating costs.
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