PEI Fuel prices decrease across the board
If you thought that oil prices dropping to the negatives was gonna result in gas stations paying YOU to fill up tank, sorry to inform you… That’s just not the case. Despite that, fuel prices on PEI saw decreases across the board in Friday.
The Island Regulatory and Appeals Commission approved the following petroleum prices effective 12:01 a.m., Friday, April 24, 2020:
The price of gasoline will decrease by 1.0 cents per litre (cpl);
The price of furnace oil will decrease by 4.0 cpl;
The price of diesel will decrease by 4.0 cpl; and
Propane prices will increase by 2.0 cpl for Irving Energy Distribution and Marketing, by 3.6 cpl for Kenmac Energy Inc. and Noonan Petroleum, by 2.5 cpl for Superior Propane and by 2.8 cpl for Island Petroleum.
At self-serve outlets, regular unleaded gasoline will range from 73.0 to 74.2 cpl
diesel will range from 85.9 to 87.1 cpl.
The maximum price for furnace oil is 58.8 cpl.
Maximum prices for propane will range from 71.2 to 73.1 cpl.
The Commission’s next scheduled price adjustment is May 1, 2020.
Canadian Gas Prices
all prices listed in cents per litre (cpl)
PEI – 73.0 to 74.2
Halifax – 68.1
Sydney – 68.8
St. John’s – 82.1
Moncton – 75.0
Montreal – 85.5
Ottawa – 74.7
Toronto – 76.3
Calgary – 61.9
Vancouver – 89.0
** all prices are based on the average pump price as listed by GasBuddy.com except for PEI prices which come directly from IRAC.