PEI gas prices up in unscheduled adjustment
The Island Regulatory and Appeals Commission approved the following petroleum prices in an unscheduled price adjustment, effective 12:01 a.m., Tuesday, April 9, 2019:
Gasoline prices will increase by 3.1 cents per litre (cp);
There will be no change in furnace, stove oil, diesel or propane prices at this time.
Including taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 123.4 cpl to 124.5 cpl.
The price of gasoline on the New York Mercantile Exchange has increased substantially in the past week. Rising crude oil prices, growing demand, and increased production costs have all contributed to this increase. Gas prices are up across the country as well.
The Commission’s next scheduled price adjustment will be on April 15, 2019.
PEI – 123.4 – 124.5 cpl
Halifax – 125.4 cpl
Moncton – 126.7 cpl,
Montreal – 131.7 cpl,
Toronto – 124.5 cpl
Calgary – 116.9 cpl
Vancouver – 162.7 cpl
National Average – 130.4 cpl
** gas prices taken from IRAC press release and GasBuddy.com