“The price at the pump for Gasoline as of Tuesday, May 16, 2023, is expected to remain at 234.1 cents/litre,” announced Premier and Minister of Finance David Burt. “This price is equal to the February 2022 level of 234.10 cents/litre, at which prices were capped for the last fourteen months while global prices soared.” Without the price cap the price at the pump would have been 238.1 cents/litre.
Diesel, for the second consecutive month, is below its original capped price of 212.2 cents/litre and is expected to be 207.2 cents/litre, 3.9 cents/litre lower at the pump this month.