NOTICE PETROLEUM PRICING

Charlottetown, Prince Edward Island, December 20, 2019 – The Island Regulatory and Appeals Commission approved the following petroleum prices effective 12:01 a.m., December 20, 2019:

• The price of gasoline will increase by 1.0 cents per litre (cpl);
• The price of furnace oil will increase by 1.5 cpl;
• The price of diesel will increase by 2.0 cpl; and
• Propane prices will increase by 8.4 cpl for Irving Energy Distribution and Marketing, by 4.3 cpl for both Kenmac Energy Inc. and Noonan Petroleum, by 4.9 cpl for Superior Propane, and by 2.5 cpl for Island Petroleum.

Regular unleaded gasoline at self-serve outlets will now range from 113.9 to 115.0 cpl.

Diesel will now range from 134.3 to 135.5 cpl.

The maximum price for furnace oil is now 103.6 cpl.

Maximum propane prices will now range from 100.6 to 104.4 cpl.

The Commission’s next scheduled price adjustment is December 27,  2019.

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