Charlottetown, Prince Edward Island, January 1, 2009
Island Regulatory and Appeals Commission approved the
following petroleum pricing decisions, effective 12:01 a.m.,
Thursday, January 1, 2009:
Gasoline prices will decrease by 2.0 cents per
Furnace oil prices will decrease by 4.2
oil will decrease by 2.2 cpl;
prices will decrease by 3.0 cpl; and
Propane prices will decrease
by 0.4 cpl for Irving Oil Marketing Limited.
Including taxes, pump prices for regular unleaded
gasoline at self-serve outlets will now range from 67.0 cpl to 69.1 cpl.
After peaking at
141.2 on July 15th of this past year, Prince Edward Island gasoline
prices are now at their lowest level since July, 2002. Similarly,
furnace oil prices after registering an all time high of 127.5 cpl on
July 15th are now 22.8 cpl lower than a year ago and at their lowest
level since January 2007.
The Commission's next scheduled price adjustment will be
on January 15, 2009.
Click here for published prices effective
January 1, 2009.