Charlottetown, Prince Edward Island, February 1, 2009
Island Regulatory and Appeals Commission approved the
following petroleum pricing decisions, effective 12:01 a.m.,
Sunday, February 1, 2009:
Gasoline prices will increase by 3.9 cents per
Propane prices will increase by 3.0 cpl for
Superior Propane and by 3.2 cpl for Irving Energy Distribution and
Furnace and stove oil prices will decrease by 5.4
Retail dealer diesel prices will decrease by 3.9
cpl while commercial posted diesel prices will decrease by 2.4 cpl.
Including taxes, pump prices for regular unleaded
gasoline at self-serve outlets will now range from 82.3 cpl to 84.4 cpl.
Continued escalated wholesale prices for both gasoline
and propane have necessitated an upward adjustment in prices at this
time. Recently observed moderation in the wholesale spot market prices
of diesel and furnace oil, however, now afford the Commission the
opportunity to reduce the posted prices of these products.
The Commission's next scheduled price adjustment will be
on February 15, 2009.
Click here for published prices effective
February 1, 2009