PETROLEUM PRICING
 



Charlottetown, Prince Edward Island, October 1, 2017 The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Sunday, October 1, 2017:

  • Gasoline prices will decrease by 3.0 cents per litre (cpl);
  • Furnace and stove oil prices will increase by 2.5 cpl;
  • Diesel prices will increase by 1.5 cpl; and
  • Propane prices will increase by 2.4 cents per litre (cpl) for Superior Propane, by 2.7 cpl for Irving Energy Distribution and Marketing and by 2.6 cpl for Kenmac Energy Inc.

Including adjustments for taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 108.3 cpl to 109.5 cpl. Maximum before tax propane prices will now range from 76.5 cpl to 77.4 cpl.

The maximum price for furnace oil will now amount to 78.8 cpl, plus tax.

Improved wholesale prices for gasoline now afford the price reductions announced today. Conversely, increased seasonal demand for furnace oil, diesel and propane have necessitated price increases for these products.

The Commission's next scheduled price adjustment will be on October 15, 2017.

 

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Click here for published prices effective October 1, 2017

Posted: 2017/10/01