Approved Minimum and Maximum Prices
Effective 12 November 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 51.6 53.2 50.5 52.1
Mid-Grade Unleaded 53.7 55.3 52.6 54.2
Premium Unleaded 55.7 57.4 54.7 56.3
Low Sulphur Diesel 52.2 53.8 51.1 52.8
SHELL CANADA
Regular Unleaded 51.5 53.1 50.4 52.0
Mid-Grade Unleaded 53.6 55.2 52.5 54.1
Premium Unleaded 55.6 57.2 54.6 56.2
Low Sulphur Diesel 52.1 53.7 51.0 52.6
IMPERIAL OIL
Regular Unleaded 51.6 53.2 50.5 52.1
Mid-Grade Unleaded 53.7 55.3 52.6 54.2
Premium Unleaded 55.7 57.4 54.7 56.3
Low Sulphur Diesel 52.0 53.6 50.9 52.5
IRVING OIL
Regular Unleaded 51.6 53.2 50.5 52.1
Mid-Grade Unleaded 53.7 55.3 52.6 54.2
Premium Unleaded 55.7 57.4 54.7 56.3
Low Sulphur Diesel 52.1 53.7 51.0 52.6
PETRO-CANADA
Regular Unleaded 51.6 53.2 50.5 52.1
Mid-Grade Unleaded 53.7 55.3 52.6 54.2
Premium Unleaded 55.7 57.4 54.7 56.3
Low Sulphur Diesel 52.2 53.8 51.1 52.8
CO-OP ATLANTIC
Regular Unleaded 51.8 53.4
Mid-Grade Unleaded 53.9 55.5 N/A
Premium Unleaded 56.0 57.6
Low Sulphur Diesel 52.8 54.4

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

29.1
SHELL CANADA 28.7

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 tank truck and posted consumer prices in effect as of 12 NOVEMBER 1998. Prices may change without notice with approval or tax revision.

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Posted on Web: 98/11/12