PEI gas prices drop another 7 cents per litre
After an unscheduled price adjustment on Tuesday that dropped prices 6 cents per liter (cpl), the Island Regulatory and Appeals Commission (IRAC) has approved a further drop in fuel prices.
The Island Regulatory and Appeals Commission approved the following petroleum prices effective 12:01 a.m., Friday, March 13, 2020:
The price of gasoline will decrease by 7.0 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 0.8 cpl for Irving Energy Distribution and Marketing; decrease by 1.0 cpl for both Kenmac Energy Inc. and Noonan Petroleum; increase by 0.6 cpl for Superior Propane; and increase by 1.2 cpl for Island Petroleum.
New Fuel Prices
At self-serve outlets, regular unleaded gasoline will range from 94.8 to 95.9 cpl and diesel will range from 101.7 to 102.8 cpl.
The maximum price for furnace oil is 75.1 cpl.
Maximum prices for propane will range from 68.6 to 70.1 cpl.
The Commission’s next scheduled price adjustment is March 20, 2020.
Canadian Gas Prices
PEI – 94.8 . 95.9
Halifax – 95.2
Sydney – 95.9
St. John’s – 114.3
Moncton – 107.0
Montreal – 104.7
Ottawa – 87.4
Toronto – 90.6
Calgary – 85.0
Vancouver – 123.8
** All prices based on average pump price as listed by GasBuddy.com except for PEI prices which directly from IRAC