Diesel tops $3 per litre in parts of N.L. with 31-cent increase

The price of diesel at the pump has topped $3 per litre across much of Newfoundland and parts of Labrador with an unscheduledincrease of 31 cents per litre Tuesday morning.

The adjustment is the result of a dramatic spike in the benchmark price for ultra-low sulphur kerosene, according to the Public Utilities Board. The benchmark also led to an unscheduled adjustment Saturday morning, when the price of diesel rose more than 27 cents per litre.

The change puts the price of diesel at over $2.98 per litre on the Avalon Peninsula 58.6 cents per litre more expensive than it was on Fridaybut over $3 per litre across much of Newfoundland, along with Labrador West and Churchill Falls.

Prices now range from just below $3per litre on Newfoundland's west coast to $3 per litre on the Burin and Bonavistapeninsulas and near $3.01 in central Newfoundland, $3.04 per litre on the Connaigre Peninsula, $3.07 in Rencontre East and $3.093 on Change Islands and in the La Poile area the most expensive places to fuel up.

The price for a litre of diesel in Labrador West is just under $3.05, while customers in Churchill Falls will pay over $3.07 per litre. Other pricing regions in Labrador are unaffected, and range between $2.17 and $2.76 per litre.

The price of stove oil also rose in Labrador West and Churchill Falls, up 34.21 cents per litre. The price of the fuel is up 65.13 cents per litre since Friday due to changes in pricing benchmarks.

Customers in the regions will now pay $2.48 per litre in Labrador West and over $2.50 per litre in Churchill Falls.

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