PETROLEUM PRICING

Charlottetown, Prince Edward Island, December 1, 2018 — The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Saturday, December 1, 2018:

• Gasoline prices will decrease by 1.0 cent per litre (cpl);
• Furnace and stove oil prices will decrease by 2.4 cpl; 
• Diesel prices will decrease by 1.4 cpl; and
• Propane prices will decrease by 1.0 cent per litre (cpl) for Superior Propane and there will be no change for Kenmac Energy Inc. or for Irving Energy Distribution and Marketing.

Including adjustments for taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 104.2 cpl to 105.3 cpl. Pump prices for diesel will now range from 126.6 cpl to 127.8 cpl. Maximum before tax propane prices will now range from 80.3 cpl to 80.5 cpl.

The maximum price for furnace oil will now amount to 89.4 cpl, plus tax. 

The Commission’s next scheduled price adjustment will be on December 15, 2018.

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