Charlottetown, Prince Edward Island, April 1, 2009
Island Regulatory and Appeals Commission approved the following
petroleum pricing decisions, effective 12:01 a.m., Wednesday, April
Gasoline prices will
increase by 2.0 cents per litre (cpl);
Furnace and stove oil prices
will increase by 3.0 cpl;
Diesel prices will increase
by 3.0 cpl;
Propane prices will decrease
by 7.1 cpl for Superior Propane, by 4.5 cpl for Irving Energy
Distribution and Marketing and by 3.6 cpl for Kenmac Energy Inc.
Including taxes, pump prices for regular unleaded gasoline at self-serve
outlets will now range from 84.6 cpl to 86.7 cpl.
Escalating wholesale market prices for petroleum products over the past
two weeks, in part relating to a falling U.S. dollar, now necessitates
upward adjustments to gasoline, furnace oil and diesel prices on PEI.
Improved inventory levels for propane, however, will result in lower
commercial and residential propane prices.
The Commission's next scheduled price adjustment will be on April 15,
Click here for published prices effective
April 1, 2009