Thursday, April 26, 2012

BY GEORGE HE WAS RIGHT

The PUB might have all  the resources and authority of government behind them but when it comes to gas prices in Newfoundland and Labrador, only one person has the credibility to speak with authority, George Murphy.

The spokesperson for consumer gas prices has helped consumers make informed decisions about purchasing gas, stove oil, furnace oil and diesel for a decade. His calculations and predictions have become a fixture for journalists every second week in the lead-up to the Public Utilities Board weekly price setting announcement.

Earlier this week, George - who is now the New Democratic Member of the House of Assembly for St. John's East - told consumers that they could look forward to a significant break at the pumps. Today the PUB announced that the maximum price for self-serve unleaded gas on the Avalon Peninsula is now $1.382 per litre.  The maximum prices for all grades of gasoline has been lowered by 6.2 cents per litre.

While not as significant, prices for other fuels retreated as well.  Diesel is down by  1.8 cents per litre.
Furnace oil and stove oil prices dropped by 0.85 cents per litre. Propane is  0.2 cents per litre cheaper.




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