A fuel watchdog likes the way the regulator in Newfoundland and Labrador has come around to more frequent price setting.

The Public Utilities Board has been jumping in almost daily with price adjustments due to the war in the Middle East.

Dan McTeague, President of Canadians for Affordable Energy, says consumers are going to see some ups-and-downs over the next few days. Fuel could go up by 5 or 6 cents with the switch to summer blend fuel, and down by about 11 and a half cents Monday with relief from the temporary suspension of the federal excise tax.

“The situation with the energy markets is very volatile and is nothing like I have seen in my 30 years of being at this,” says McTeague.