The Consumer Group for Fair Gas Prices expects to see the Public Utilities Board invoke a rarely-used clause tonight. It’s called “extraordinary circumstances,” and George Murphy expects the board to jump in now rather than wait until midnight Wednesday.
**BREAKING** Just received an answer to my letter to the PUB…THERE WILL BE A PRICE ADJUMENT TO GASOLINE AT MIDNIGHT TONIGHT! #nltraffic
— George Murphy (@GeorgeMurphyOil) March 13, 2020
For the record, after yesterday's trading, I had 13.5 cents a litre drop in the consumer pipeline. See what they do!
— George Murphy (@GeorgeMurphyOil) March 13, 2020
Murphy’s numbers show a drop of 13.5 cents a litre come midnight.
The price went down 5.5 cents yesterday, but other provinces—which do not have a regulated fuel pricing system in place—posted much larger declines.
