NOTICE PETROLEUM PRICING

Charlottetown, Prince Edward Island, December 04, 2020 – The Island Regulatory and Appeals Commission approved the following petroleum prices effective 12:01 a.m., Friday, December 4, 2020:

•       The price of gasoline and diesel will each increase by 1.0 cents per litre (cpl);

•       There is no change to the price of furnace oil; and

•       Propane prices will decrease by 0.1 cpl for Irving Energy Distribution and Marketing; by 0.5 cpl for Kenmac Energy Inc. and Noonan Petroleum; prices will increase by 0.2 cpl for Superior Propane and by 0.5 cpl for Island Petroleum.

At self-serve outlets, prices for regular unleaded gasoline will range from 100.5 to 101.7 cpl and prices for diesel will range from 109.3 to 110.4 cpl.

The maximum price for furnace oil is 77.1 cpl.

Maximum prices for propane will range from 75.0 to 75.2 cpl.

For current petroleum prices visit irac.pe.ca.

The Commission’s next scheduled price adjustment is December 11, 2020.

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Posted: 2020-12-04