The Island Regulatory & Appeals Commission cites increased wholesale pricing as the reason by their latest fuel price adjustment.
- Gasoline prices will increase by 1.5 cents per litre (cpl);
- Furnace and stove oil prices will increase by 2.3 cpl;
- Diesel prices will increase by 2.9 cpl; and
- Propane prices will increase by 1.0 cpl for Superior Propane, by 0.5 cpl for Kenmac Energy Inc. and by 0.5 cpl for Irving Energy Distribution and Marketing.
Pump prices for regular unleaded gasoline at self-serve outlets will range from 126.6 cpl to 127.8 cpl. Which puts PEI’s prices at the highest in the region but still lower than other markets across the country.
PEI – 127.8 cpl
Halifax – 123.4 cpl
Moncton – 126.3 cpl
Montreal – 135.3 cpl
Ottawa – 117.3 cpl
Vancouver – 149.4 cpl