Cost of gas dropped by nine cents per litre Thursday as Newfoundland and Labrador

The cost of gasoline dropped by almost nine cents per litre Thursday as Newfoundland and Labrador's fuels regulator reacted to a recent slide in oil prices.

The Public Utilities Board told retailers to lower the ceiling on all grades of gasoline by up to 8.9 cents per litre.

The change brings the top price of self-serve unleaded gasoline on the Avalon Peninsula to $1.278. Some retailers charge less to lure customers.


http://www.cbc.ca/news/canada/newfoundland-labrador/story/2012/10/25/nl-gas-prices-nine-cents-1025.html

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