NOTICE PETROLEUM PRICING

Charlottetown, Prince Edward Island, December 31, 2020 – The Island Regulatory and Appeals Commission approved the following petroleum prices effective 12:01 a.m., Thursday, December 31, 2020:

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

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

• Propane prices will increase by 2.2 cpl for Irving Energy Distribution and Marketing; by 1.2 cpl for Superior Propane; and by 2.8 cpl for Island Petroleum, Kenmac Energy Inc., and Noonan Petroleum.

At self-serve outlets, prices for regular unleaded gasoline will range from 105.1 to 106.3 cpl and prices for diesel will range from 112.7 to 113.9 cpl.

The maximum price for furnace oil is 81.3 cpl.

Maximum propane prices will range from 77.9 to 79.2 cpl.

For current petroleum prices visit irac.pe.ca.

The Commission’s next scheduled pricing adjustment is January 8, 2021.

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Posted: 2020-12-31