Home - Petroleum Products - Questions and Answers

Question: 1
Which fuel products are regulated in Newfoundland and Labrador?

The Board sets maximum prices for gasoline and diesel motor fuels and furnace oil, stove oil and propane heating fuels. The Board does not have the mandate to establish a maximum price for propane when it is used in appliances for such things as refrigeration, cooking or barbecuing or when propane is used for other applications or activities. 

A supplier or retailer of regulated petroleum products may sell these price-regulated products to consumers at any price at or below the maximum price but at no time can sell price-regulated products above the set maximum price. Fuel pricing regulation does not cover commercial transactions when it comes to fuel purchases.

 

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