How Fueling Up Today Compares to One Year Ago
Fuel prices in the Avalon Peninsula have seen a sharp increase, with heating oil and gasoline costs rising significantly compared to the previous year. The Public Utilities Board continues to adjust prices as consumers report changing their budgets to cope with the inflation.
Why it matters
Rising energy costs directly impact household disposable income and broader economic stability, reflecting global inflationary pressures.
The price to fill up a standard SUV from about a quarter tank (VOCM News)
The upcoming winter heating season is going to deliver one heavy jolt to the pocketbooks of people who use oil to heat their homes.
Virtually all transportation and heating fuels jumped by about ten cents a litre – give or take a penny or two – on the weekend. That means filling your standard 800-litre oil tank now will cost about $800 more than this time last year.
Heating fuel, according to the Public Utilities Board, cost close to $1.20-litre on the Avalon Peninsula in mid-September, 2025. After the weekend price jump, that’s now about $2.20-litre.
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