NOTICE PETROLEUM PRICING

Charlottetown, Prince Edward Island, October 25, 2019 – The Island Regulatory and Appeals Commission approved the following petroleum prices effective 12:01 a.m., Friday, October 25, 2019:

• There will be no change in the price of gasoline or diesel;
• Furnace oil prices will increase by 1.0 cents per litre (cpl); and
• Propane prices will increase by 0.4 cpl for Superior Propane; by 1.7 cpl for both Kenmac Energy Inc. and Noonan Petroleum; by 0.3 cpl for Island Petroleum, and by 1.2 cpl for Irving Energy Distribution and Marketing.

Including taxes, the maximum price for furnace oil is now 100.5 cpl.

Maximum before tax propane prices will now range from 71.5 to 73.5 cpl.

For current petroleum prices visit irac.pe.ca.

The Commission’s next scheduled price adjustment is November 1, 2019.

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