NOTICE PETROLEUM PRICING

Charlottetown, Prince Edward Island, March 27, 2020 – The Island Regulatory and Appeals Commission approved the following petroleum prices effective 12:01 a.m., Friday, March 27, 2020:

• The price of gasoline will decrease by 3.6 cents per litre (cpl);

• The price of furnace oil will increase by 3.0 cpl;

• The price of diesel will increase by 3.0 cpl; and

• Propane prices will decrease by 0.1 cpl for Irving Energy Distribution and Marketing; no change for both Kenmac Energy Inc. and Noonan Petroleum; decrease by 0.8 cpl for Superior Propane; and decrease by 2.2 cpl for Island Petroleum.

At self-serve outlets, regular unleaded gasoline will range from 71.1 to 72.2 cpl and diesel will range from 95.9 to 97.1 cpl.

The maximum price for furnace oil is 69.8 cpl.

Maximum prices for propane will range from 67.8 to 69.3 cpl.

For current petroleum prices visit irac.pe.ca.

The Commission’s next scheduled price adjustment is April  3, 2020.

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