N.B. fuel prices dip, more decreases next week
No Christmas Grinch this week for gas prices.
The maximum cost for regular self-serve is down 4.2 cents a litre on Friday morning to around $1.45.
Diesel also dipped 1.5 cents to a maximum of around $1.78.
Furnace oil decreased 1.7 cents to around $1.70.
This comes after weekly price adjustments by the Energy and Utilities Board.
In Nova Scotia, regular self-serve ranges from $1.31 to $1.35 per litre, while diesel is selling for between $1.62 and $1.66 per litre.
On Prince Edward Island, the price for regular self-serve is around $1.39 per litre, diesel costs around $1.71 per litre, and home heating oil is selling for a maximum of $1.19 per litre.
The New Brunswick Energy and Utilities Board adjusts prices every Friday at 12:01 a.m.
Meantime, in a bit of deja vu, the provincial government says motorists will see even more price decreases at the pumps next week. This is due to amended regulations under the Petroleum Products Pricing Act.
E10, a fuel blend of ethanol and gasoline, will start being used to determine the benchmark price for regular gasoline in New Brunswick.
This move is expected to save New Brunswickers up to seven cents a litre next week, based on market conditions.
“We promised we would look at every option to make life more affordable for New Brunswickers, and this is one more way we’re delivering real savings for families,” said Premier Susan Holt.
