Thursday, November 13, 2008

Gas Prices 1987-2008: Highs & Not As Highs

The tables below show NL gas prices over the last twenty years. For years gas price increases have been reported every other day, and you hear various reasons for it, from increased tension between some nations, threats of hurricanes, world demand, or more consumer demand in winter. The charts below are just for information purposes and anyone can look more closely to find trends. The information was found on the MJ Ervin & Associates (an Alberta based industry consulting company) web site, and pieced together to just compare NL gas flucuations. Note, you can also find prices on any given week for towns and cities in Canada.

Since 1987, St. John's prices have always been recorded. Eventually Gander and Corner Brook, and in the last few years, Labrador City, from this particular site.

One thing is for certain, NL prices are always above the Canadian average. And it might be safe to say, Labrador prices are always higher than Newfoundland prices. The trend of increasing fuel prices because of winter and cold months has not been a consistent one. For example, in 1988 and 1992 the price actually decreased from Jan. - June, and continued to drop in 1992. Other years also showed fairly steady prices.

The 2000's seem to show definite price increases during the winter/spring months in NL. Right now, prices are down to 95.9 cents/litre again, the lowest in a couple of years. They could go up again in the spring if the past number of years are any indication. (Have a look at the price increase from Jan. - summer for 2008, 2007, 2006, & 2005.)

The tables below are for regular self-serve gas. Click to view actual size.
2000 - 2008


1987 - 1989
To find fuel prices for many other places in Newfoundland and Labrador, check out the Petroleum Pricing Office web site right here.

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