Historical Pricing Data - 2021+ - Island Regulatory & Appeals Commission

Historical Prices

Petroleum Prices – October 23, 2026 – cents per litre

Self-Serve MIN
Regular Gasoline 187.3 4.5
MIN: 187.3	MAX: 188.5

Self-Serve MIN
Premium Gasoline 205.2 4.5
MIN: 205.2	MAX: 206.3

Self-Serve MIN
Diesel Fuel 257.8 (N/C) 0.0
MIN: 257.8	MAX: 259.0

MAXIMUM
Furnace Oil 212.2 1.0
MAX: 212.2

Gas Retail Pumps – All Brands – October 23, 2026

	REGULAR Gasoline		MID-GRADE Gasoline		PREMIUM Gasoline		DIESEL
Period Average Rack	150.6		157.7		164.7		213.9
Wholesale Margin	5.0		5.0		5.0		5.0
Forward Averaging Adjustment	0.3		1.0		1.7		-1.7
DEALER BASE PRICE	155.9		163.7		171.4		217.2
Federal Excise Tax	0.0		0.0		0.0		0.0
PE Provincial Tax	0.00		0.00		0.00		0.00
Federal Fuel Charge	0.00		0.00		0.00		0.00
WHOLESALE PRICE	155.9		163.7		171.4		217.2

SELF-SERVE (SS)	MIN	MAX	MIN	MAX	MIN	MAX	MIN	MAX
Retail Margin	7.0	8.0	7.0	8.0	7.0	8.0	7.0	8.0
HST (15%)	24.4	24.6	25.6	25.8	26.8	26.9	33.6	33.8
PUMP PRICE (SS)	187.3	188.5	196.3	197.5	205.2	206.3	257.8	259.0

FULL-SERVE (FS)	MIN	MAX	MIN	MAX	MIN	MAX	MIN	MAX
Retail Margin	7.0	10.5	7.0	10.5	7.0	10.5	7.0	10.5
HST (15%)	24.4	25.0	25.6	26.1	26.8	27.3	33.6	34.2
PUMP PRICE (FS)	187.3	191.4	196.3	200.3	205.2	209.2	257.8	261.9

Retail outlets may price anywhere within the above MIN and MAX ranges.

Furnace Oil – October 23, 2026

	PRICE
Period Average Rack	180.0
Wholesale & Retail Margin	23.1
Forward Averaging Adjustment	-1.0
Maximum Price (Before Tax)	202.1
Federal Fuel Charge	Not Applicable
Tax (5%)	10.1
Maximum Price (After Tax)	212.2

Propane Prices – October 16, 2026

MAXIMUM PRICES (Excluding Federal Fuel Charge of 0.00 and Tax)

	Consumer and Commercial Delivery Maximum Price (Cents per Litre)
	Irving Energy Distribution and Marketing	Kenmac Energy Inc.	Superior Plus Inc.	Avenir	Noonan Petroleum Ltd.
	2.7	4.0	2.7	2.5	4.0
Bulk Propane	89.8	94.2	91.2	92.2	94.2
Dispensing Units	83.8	88.2	85.7	0.0	88.2
Carburation and Portable Cylinders	93.9	98.3			98.3

Maximum Consumer Petroleum Prices – October 23, 2026

MAXIMUM CONSUMER PETROLEUM PRICES

FOR PRODUCTS NOT SOLD AT RETAIL OUTLETS

CENTS PER LITRE (CPL)	Maximum Consumer Base Price	Federal Excise Tax	Price Incl. Excise Tax	PEI Prov. Tax	Federal Fuel Charge	MAXIMUM Consumer Price (Before HST)*
Regular Unleaded Gasoline	166.0	0.0	166.0	0.00	0.00	166.0
Mid-Grade Unleaded Gasoline	172.5	0.0	172.5	0.00	0.00	172.5
Premium Unleaded Gasoline	179.0	0.0	179.0	0.00	0.00	179.0
Ultra Low-Sulphur Diesel	235.3	0.0	235.3	0.00	0.00	235.3
Stove Oil	209.5		209.5			209.5
Furnace Oil	202.1		202.1			202.1
Furnace Oil-ThermaClean	205.6		205.6			205.6

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