NOTICE PETROLEUM PRICING

Charlottetown, Prince Edward Island, February 14, 2020 – The Island Regulatory and Appeals Commission approved the following petroleum prices effective 12:01 a.m., February 14, 2020:

• The price of gasoline will increase by 2.4 cents per litre (cpl);
• The price of furnace oil will increase by 1.4 cpl;
• The price of diesel will increase by 1.8 cpl; and
• Propane prices will decrease by 4.7 cpl for Irving Energy Distribution and Marketing, by 2.6 cpl for both Kenmac Energy Inc. and Noonan Petroleum, by 5.1 cpl for Superior Propane, and by 4.2 cpl for Island Petroleum.

At self-serve outlets, regular unleaded gasoline will now range from 111.2 to 112.4 cpl. Diesel will range from 118.9 to 120.1 cpl.

The maximum price for furnace oil is 90.8 cpl.

Maximum propane prices will now range from 65.9 to 69.3 cpl.

For current petroleum prices visit irac.pe.ca.

The Commission’s next scheduled price adjustment is February 21, 2020.

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