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Money Gas prices shoot up 2.5 cents, wiping out savings of prior weeks

13:01  02 august  2018
13:01  02 august  2018 Source:   cbc.ca

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Gas prices are up this week , after three consecutive drops. (The Associated Press). After three straight weeks of declines in gas prices , the cost of filling up jumped Thursday by 2 . 5 cents a litre. The Public Utilities Board's weekly setting also meant the drops of the last couple of weeks have been

August is opening up with an upward shift in gas prices .After three straight weeks of declines in gas prices , the cost of filling up jumped Thursday by 2 . 5 cents a litre. Urgences-Santé said two people complained of headaches after coming into contact with an envelope that had a liquid dripping from it.

Gas prices are up this week, after three consecutive drops. © The Associated Press Gas prices are up this week, after three consecutive drops.

What the pump giveth the cashier taketh away.

After three straight weeks of declines in gas prices, the cost of filling up jumped Thursday by 2.5 cents a litre.

The Public Utilities Board's weekly setting also meant the drops of the last couple of weeks have been washed away.

The new setting means that the maximum price for a litre of self-serve unleaded gas on the Avalon Peninsula, for instance, is now $1.403.

Gas prices are currently about 17 cents higher than they were a year ago.

Meanwhile, the PUB — which regulates prices across Newfoundland and Labrador — also approved a hike in diesel prices of 1.6 cents a litre.

Furnace oil and stove oil are both up, by 1.16 cents a litre.

Trend in gas prices 

This chart, powered by user-generated data collected by the website GasBuddy, shows the recent trend in gas prices across Newfoundland and Labrador. 

Read more articles from CBC Newfoundland and Labrador 

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