Approved Minimum and Maximum Prices
Effective 8 May 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 51.8 53.4 50.7 52.3
Mid-Grade Unleaded 53.9 55.5 52.9 54.5
Premium Unleaded 56.0 57.6 54.9 56.5
Low Sulphur Diesel 52.2 53.8 51.1 52.8
SHELL CANADA
Regular Unleaded 53.4 55.0 52.3 53.9
Mid-Grade Unleaded 55.5 57.1 54.5 56.1
Premium Unleaded 57.6 59.2 56.5 58.1
Low Sulphur Diesel 54.0 55.6 53.0 54.6
IMPERIAL OIL
Regular Unleaded 51.8 53.4 50.7 52.3
Mid-Grade Unleaded 53.9 55.5 52.9 54.5
Premium Unleaded 56.0 57.6 54.9 56.5
Low Sulphur Diesel 52.2 53.8 51.1 52.8
IRVING OIL
Regular Unleaded 51.8 53.4 50.7 52.3
Mid-Grade Unleaded 53.9 55.5 52.9 54.5
Premium Unleaded 56.0 57.6 54.9 56.5
Low Sulphur Diesel 52.2 53.8 51.1 52.8
PETRO-CANADA
Regular Unleaded 53.3 54.9 52.2 53.8
Mid-Grade Unleaded 55.4 57.0 54.4 56.0
Premium Unleaded 57.5 59.1 56.4 58.0
Low Sulphur Diesel 52.2 53.8 51.1 52.8
CO-OP ATLANTIC
Regular Unleaded 53.4 55.0
Mid-Grade Unleaded 55.5 57.1 N/A
Premium Unleaded 57.6 59.2
Low Sulphur Diesel 54.4 56.0

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 29.2

IRVING OIL

29.2
SHELL CANADA 28.6

PETRO-CANADA

29.3
IMPERIAL OIL 28.7

CO-OP ATLANTIC

29.0

NOTE: Prices are in cents per litre and are based on dealer and posted consumer prices in effect as of 8 May 1998. Prices may change without notice with approval or tax revision.


Posted on Web: 98/05/08