April 1, 2019 | by: Chris Pride

PEI gas prices stay the same but go up 4 cpl

Carbon Levy Introduced

PEI’s gas prices saw no change.  April Fools!  They actually went 4.42 cpl due to the addition of the new carbon levy.  The Island Regulatory and Appeals Commission approved the following increases in petroleum prices in an unscheduled price adjustment, effective 12:01 a.m., Monday, April 01, 2019:

There will be no change in the price of Gasoline, Furnace or Stove Oil;

Diesel prices will decrease by 1.0 cent per litre (cpl); and

Propane prices will decrease by 0.8 cpl for Irving Energy Distribution and Marketing, by 1.5 cpl for Superior Propane and by 1.4 cpl for Kenmac Energy Inc.

New Prices

Including taxes and carbon levies, pump prices for regular unleaded gasoline at self-serve outlets will now range from 119.8 cpl to 121.0 cpl. Pump prices for diesel will now range from 132.5 cpl to 133.6 cpl. Maximum before tax propane prices will now range from 77.8 cpl to 78.9 cpl and the maximum price including HST of 5% for furnace oil will continue to be 99.8 cpl.


Market Comparison

PEI – 119.8 cpl to 121.0 cpl

Sydney – 122.6 cpl

Halifax – 121.7 cpl

Moncton – 120.6 cpl

Montreal – 128.1 cpl

Ottawa – 109.8 cpl

Calgary – 117.2 cpl

Vancouver – 149.9 cpl

** gas prices in Market Comparison based on average pump price according to GasBuddy.com except PEI prices which are based on the above press release from IRAC.