Money: Gas prices down again — for 8th straight week - PressFrom - Canada
  •   
  •   
  •   

MoneyGas prices down again — for 8th straight week

12:20  06 december  2018
12:20  06 december  2018 Source:   cbc.ca

Gas prices are on a roll — downward

Gas prices are on a roll — downward It's the sixth week in a row prices at the pumps are down.

Social Sharing. Gas prices have only gone 1 way since Oct. The latest drop at the pumps across Newfoundland and Labrador marks eight consecutive weeks of falling prices . It was a smaller drop than in previous weeks , but it's 1.4 cents a litre cheaper as of Thursday morning.

Gas prices down for second straight week in Denver, nationwide following historic Harvey spike. Gas is still a lot more expensive in Colorado than it was “While oil prices have gained momentum in the last few weeks , it will not be enough to stymie the continued decline at gas pumps, which will bring.

Gas prices down again — for 8th straight week© Seth Perlman/Associated Press A litre of gas is about 24 cents cheaper compared to mid-October. The latest drop at the pumps across Newfoundland and Labrador marks eight consecutive weeks of falling prices.

It was a smaller drop than in previous weeks, but it's 1.4 cents a litre cheaper as of Thursday morning.

A litre of self-service on the Avalon Peninsula will not exceed $1.15. The most expensive litre is in Labrador South-Lodge Bay/Cartwright, at a price of $1.32.

In total, the cost has declined by almost 24 cents since Oct. 18.

All other fuel types have dropped in price, too, as part of the Public Utility Board's weekly price setting.

Propane saw the biggest dip, by four cents a litre.

Diesel, furnace and stove oil all decreased by about three pennies each.

The following chart shows how prices have changed in Newfoundland and Labrador, as reported by users of the GasBuddy.com website.

Read more stories from CBC Newfoundland and Labrador

Oil prices rise as OPEC output cuts seen deeper than previously expected.
Oil prices rise as OPEC output cuts seen deeper than previously expected

—   Share news in the SOC. Networks

Topical videos:

usr: 0
This is interesting!