PETROLEUM PRICING

Charlottetown, Prince Edward Island, August 1, 2014 — The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Friday, August 1, 2014:

• There will be no change in the price of gasoline, furnace oil or diesel;
• Propane prices will decrease by 2.5 cpl for Superior Propane, by 0.5 cpl for Irving Energy Distribution and Marketing and by 1.5 cpl for Kenmac Energy Inc.

Pump prices for regular unleaded gasoline at self-serve outlets will continue to range from 134.9 cpl to 136.0 cpl. Maximum before tax propane prices will now range from 79.8 cpl to 82.7 cpl. 

The maximum price for furnace oil will continue to be 102.3 cpl plus tax.

The Commission's next scheduled price adjustment will be on August 15, 2014.

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