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PETROLEUM PRICING
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Charlottetown, Prince Edward Island,
February 1, 2015
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The Island
Regulatory and Appeals Commission approved the following petroleum
pricing decisions, effective 12:01 a.m., Sunday, February 1, 2015:
Gasoline
prices will increase by 4.5 cents per litre (cpl);
Furnace and
stove oil prices will increase by 3.0 cpl;
Diesel prices
will increase by 2.0 cpl; and
Propane
prices will decrease by 3.3 cpl for Superior Propane, by 3.1 cpl for
Irving Energy Distribution and Marketing and there will be no change for
Kenmac Energy Inc.
These price changes reflect the impacts of the continued
declining value of the Canadian dollar, a temporary reduction of
refining capacity for gasoline and seasonal demand driven increases in
wholesale prices of petroleum products.
With these changes, pump prices for regular unleaded
gasoline at self-service outlets will now range from 93.8 cpl to 95.0
cpl. Maximum furnace oil prices will amount to 83.0 cpl plus tax and
maximum before tax propane prices will range from 74.6 cpl to 68.8 cpl.
For information on the Island Regulatory and Appeals
Commission and petroleum prices, visit
www.irac.pe.ca.
The Commission’s next scheduled price adjustment will be
on February 15, 2015.
—30—
Click here for
published prices effective February 1, 2015
Posted:
2015/02/01 |