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Tuesday, November 03, 2009

Numbers only down slightly

Media release

Conception Bay South, NL, November 3, 2009- Consumers in Newfoundland and Labrador will still be dealing with high prices this week when the Public Utilities Board moves to set prices this coming Thursday. That’s from George Murphy, group researcher with the Consumer Group for Fair Gas Prices.

“Numbers have shown little change this week, even though they show very modest drops in prices. Crude oil prices still averaged only a buck a gallon down from last weeks price changes. Stove oils show down by a mere 32/100ths of a cent, diesel is down by 7/10ths of a cent while gasoline shows down by 1.5 cents a litre.

“Heating oils will probably be down although I can’t get a fix on the number. This Thursday should be the official start of heating season when the PUB adds jet fuel to the winter heating blend. It’s the jet fuel numbers that we can’t get a fix on from any sources. It’s this time of year when I can only use the stove oil number as a guide, rather than the actual change, that will occur with heating oils.”


For more information, contact;

George Murphy
Group researcher/Member
Consumer Group for Fair Gas Prices

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