Current Petroleum Prices - Island Regulatory & Appeals Commission

Petroleum Prices – August 21, 2026 – cents per litre

Self-Serve MIN
Regular Gasoline 191.9 2.0
MIN: 191.9	MAX: 193.1

Self-Serve MIN
Premium Gasoline 204.6 2.0
MIN: 204.6	MAX: 205.7

Self-Serve MIN
Diesel Fuel 247.1 3.0
MIN: 247.1	MAX: 248.3

MAXIMUM
Furnace Oil 187.5 3.0
MAX: 187.5

Retail Dealer Pump Prices – All Brands – August 21, 2026

	REGULAR Gasoline		MID-GRADE Gasoline		PREMIUM Gasoline		DIESEL
Period Average Rack	146.4		151.9		157.4		190.2
Wholesale Margin	5.0		5.0		5.0		5.0
Forward Averaging Adjustment	0.0		0.0		0.0		-1.5
DEALER BASE PRICE	151.4		156.9		162.4		193.7
Federal Excise Tax	0.0		0.0		0.0		0.0
PE Provincial Tax	8.47		8.47		8.47		14.15
Federal Fuel Charge	0.00		0.00		0.00		0.00
WHOLESALE PRICE	159.9		165.4		170.9		207.9

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%)	25.0	25.2	25.9	26.0	26.7	26.8	32.2	32.4
PUMP PRICE (SS)	191.9	193.1	198.3	199.4	204.6	205.7	247.1	248.3

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%)	25.0	25.6	25.9	26.4	26.7	27.2	32.2	32.8
PUMP PRICE (FS)	191.9	196.0	198.3	202.3	204.6	208.6	247.1	251.2

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

Furnace Oil – August 21, 2026

	PRICE
Period Average Rack	156.4
Wholesale & Retail Margin	23.1
Forward Averaging Adjustment	-0.9
Maximum Price (Before Tax)	178.6
Federal Fuel Charge	Not Applicable
Tax (5%)	8.9
Maximum Price (After Tax)	187.5

Propane Prices – August 21, 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.
	1.5	1.4	1.6	2.0	1.4
Bulk Propane	80.4000	82.7000	82.0000	83.5000	82.7000
Dispensing Units	74.4000	76.7000	76.5000		76.7000
Carburation and Portable Cylinders	84.5	86.8			86.8

View Maximum Consumer Price Schedule

View Related Pricing Order

View Related Notice – (Version française)

Petroleum Pricing Schedule:

Price adjustments on gas, diesel, and furnace oil take effect at 12:01 a.m. every Tuesday and Friday.
Price adjustments on propane take effect at 12:01 a.m. every second Friday. Please note that there will not be a scheduled price adjustment on Tuesday, April 7, 2026 due to the holiday.