The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Wednesday, August 1, 2018:
- There will be no change in the price of gasoline, furnace oil, stove oil or diesel; and
- Propane prices will increase by 0.8 cents per litre (cpl) for Superior Propane, by 1.5 cpl for Irving Energy Distribution and Marketing and there will be no change in price for Kenmac Energy Inc.
Pump prices for regular unleaded gasoline at self-serve outlets will continue to range from 128.3 cpl to 129.5 cpl. Pump prices for diesel will continue to range from 132.3 cpl to 133.4 cpl. Maximum before tax propane prices will now range from 78.8 cpl to 80.2 cpl.
The maximum price for furnace oil will continue to be 94.3 cpl, plus tax.
The Commission’s next scheduled price adjustment will be on August 15, 2018.