PETROLEUM PRICING

Charlottetown, Prince Edward Island, December 15, 2016 — The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Thursday, December 15, 2016:

• There will be no change in the price of gasoline, furnace oil, stove oil, diesel or propane at this time.

Pump prices for regular unleaded gasoline at self-serve outlets will continue to range from 108.7 cpl to 109.8 cpl.

The maximum price for furnace oil will continue to amount to 78.9 cpl, plus tax.

Relative price stability observed in the wholesale pricing of gasoline, furnace oil, diesel and propane since the Commission’s last adjustment allows for the continuance of existing prices.

The Commission's next scheduled price adjustment will be on January 1, 2017.

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