Approved Minimum and Maximum Prices
Effective 25 April 1998

Following are the approved minimum & maximum pump prices in cents per litre of gasolines and diesel fuels in P.E.I. Prices include allowable dealer markups*, the taxes noted below and GST. Dealers may price anywhere within the ranges provided markup is consistent on all gasoline grades and at split-serve outlets, self-serve prices are at least one cent below full-serve prices.

Full-Serve
Pump Prices

Self-Serve
Pump Prices


BRAND MIN. MAX. MIN. MAX.
*(5.0) (6.5) (4.0) (5.5)
ULTRAMAR
Regular Unleaded 56.3 57.9 55.2 56.8
Mid-Grade Unleaded 58.4 60.0 57.4 59.0
Premium Unleaded 60.5 62.1 59.4 61.0
Low Sulphur Diesel 55.1 56.7 54.0 55.6
SHELL CANADA
Regular Unleaded 56.3 57.9 55.2 56.8
Mid-Grade Unleaded 58.4 60.0 57.4 59.0
Premium Unleaded 60.5 62.1 59.4 61.0
Low Sulphur Diesel 56.9 58.5 55.9 57.5
IMPERIAL OIL
Regular Unleaded 56.3 57.9 55.2 56.8
Mid-Grade Unleaded 58.4 60.0 57.4 59.0
Premium Unleaded 60.5 62.1 59.4 61.0
Low Sulphur Diesel 55.1 56.7 54.0 55.6
IRVING OIL
Regular Unleaded 54.7 56.3 53.6 55.2
Mid-Grade Unleaded 56.8 58.4 55.7 57.4
Premium Unleaded 58.9 60.5 57.8 59.4
Low Sulphur Diesel 55.1 56.7 54.0 55.6
PETRO-CANADA
Regular Unleaded 56.3 57.9 55.2 56.8
Mid-Grade Unleaded 58.4 60.0 57.4 59.0
Premium Unleaded 60.5 62.1 59.4 61.0
Low Sulphur Diesel 54.2 55.9 53.2 54.8
CO-OP ATLANTIC
Regular Unleaded 56.3 57.9
Mid-Grade Unleaded 58.4 60.0 N/A
Premium Unleaded 60.5 62.1
Low Sulphur Diesel 57.2 58.9

PRICES INCLUDE Provincial Tax of 13.0 cents/litre on all grades of gasoline and 13.5 cents/litre on diesel fuel. Federal Excise Tax is 10.0 cents/litre on gasoline and 4.0 cents/litre on diesel.

POSTED FURNACE FUEL PRICES are as follows, PLUS 7% GST:
ULTRAMAR 31.9

IRVING OIL

31.9
SHELL CANADA 31.3

PETRO-CANADA

32.1
IMPERIAL OIL 31.4

CO-OP ATLANTIC

31.7

NOTE: Prices are in cents per litre and are based on dealer and posted consumer prices in effect as of 25 APRIL 1998. Prices may change without notice with approval or tax revision.


Posted on Web: 98/04/27