NOTICE PETROLEUM PRICING

Charlottetown, Prince Edward Island, August 28, 2020 – The Island Regulatory and Appeals Commission approved the following petroleum prices effective 12:01 a.m., Friday, August 28, 2020:

• The price of gasoline will increase by 2.0 cents per litre (cpl);
• There is no change to the price of furnace oil or diesel; and
• Propane prices will decrease by 0.7 cpl for Irving Energy Distribution and Marketing; by 1.1 cpl for Superior Propane; by 1.0 cpl for Island Petroleum; and there is no change in the price for Kenmac Energy Inc. or Noonan Petroleum.

At self-serve outlets, prices for regular unleaded gasoline will range from 103.3 to 104.4 cpl and prices for diesel will range from 99.1 to 100.3 cpl.

The maximum price for furnace oil is 70.1 cpl.

Maximum propane prices will range from 71.1 to 72.5 cpl.

For current petroleum prices visit irac.pe.ca.

The Commission’s next scheduled price adjustment is September 4, 2020.

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