Current Petroleum Prices - Island Regulatory & Appeals Commission

Petroleum Prices – May 23, 2025 – cents per litre

Self-Serve MIN
Regular Gasoline 150.8 1.0
MIN: 150.8	MAX: 151.9

Self-Serve MIN
Premium Gasoline 159.8 1.5
MIN: 159.8	MAX: 161.0

Self-Serve MIN
Diesel Fuel 149.8 3.5
MIN: 149.8	MAX: 151.0

MAXIMUM
Furnace Oil 111.0 1.0
MAX: 111.0

Retail Dealer Pump Prices – All Brands – May 23, 2025

	REGULAR Gasoline		MID-GRADE Gasoline		PREMIUM Gasoline		DIESEL
Period Average Rack	101.0		104.9		108.8		99.7
Wholesale Margin	5.0		5.0		5.0		5.0
Forward Averaging Adjustment	-0.4		-0.3		-0.3		0.4
DEALER BASE PRICE	105.6		109.6		113.5		105.1
Federal Excise Tax	10.0		10.0		10.0		4.0
PE Provincial Tax	8.47		8.47		8.47		14.15
Federal Fuel Charge	0.00		0.00		0.00		0.00
WHOLESALE PRICE	124.1		128.1		132.0		123.3

SELF-SERVE (SS)	MIN	MAX	MIN	MAX	MIN	MAX	MIN	MAX
Retail Margin	7.0	8.0	7.0	8.0	7.0	8.0	7.0	8.0
HST (15%)	19.7	19.8	20.3	20.4	20.8	21.0	19.5	19.7
PUMP PRICE (SS)	150.8	151.9	155.4	156.5	159.8	161.0	149.8	151.0

FULL-SERVE (FS)	MIN	MAX	MIN	MAX	MIN	MAX	MIN	MAX
Retail Margin	7.0	10.5	7.0	10.5	7.0	10.5	7.0	10.5
HST (15%)	19.7	20.2	20.3	20.8	20.8	21.4	19.5	20.1
PUMP PRICE (FS)	150.8	154.8	155.4	159.4	159.8	163.9	149.8	153.9

Retail outlets may price anywhere within the above MIN and MAX ranges.

Furnace Oil – May 23, 2025

	PRICE
Period Average Rack	82.4
Wholesale & Retail Margin	23.1
Forward Averaging Adjustment	0.2
Maximum Price (Before Tax)	105.7
Federal Fuel Charge	Not Applicable
Tax (5%)	5.3
Maximum Price (After Tax)	111.0

Propane Prices – May 16, 2025

MAXIMUM PRICES (Excluding Federal Fuel Charge of 0.00 and Tax)

	Consumer and Commercial Delivery Maximum Price (Cents per Litre)
	Irving Energy Distribution and Marketing	Kenmac Energy Inc.	Superior Plus Inc.	Parkland Fuel Corporation	Noonan Petroleum Ltd.
	1.8	7.8	3.0	1.4	7.8
Bulk Propane	86.2	83.6	85.7	87.3	83.6
Dispensing Units	80.2	77.6	80.2		77.6
Carburation and Portable Cylinders	90.3	87.7			87.7

View Maximum Consumer Price Schedule

View Related Pricing Order

View Related Notice – (Version française)

Petroleum Pricing Schedule:

Price adjustments on gas, diesel, and furnace oil take effect at 12:01 a.m. every Friday.
Price adjustments on propane take effect at 12:01 a.m. every second Friday.