Charlottetown, Prince Edward Island,
March 15, 2015
The Island Regulatory and Appeals Commission approved
the following petroleum pricing decisions, effective 12:01 a.m.,
Sunday, March 15, 2015:
Furnace and stove oil
prices will decrease by 4.0 cents per litre (cpl);
Diesel prices will
decrease by 4.0 cpl; and
There will be no change in
gasoline or propane prices at this time.
Pump prices for regular unleaded gasoline at self-serve
outlets will continue to range from 107.8 cpl to 109.0 cpl.
The maximum price for furnace oil will now amount to 95.2
cpl plus tax.
Reductions observed in overall distillate wholesale
pricing over the past two weeks now allow for the reduction of both
furnace oil and diesel product pricing. Substantial recovery of refining
capacity in recent days coupled with reduced demand due to improved
weather conditions have contributed to this current market dynamic.
The Commission's next scheduled price adjustment will be
on April 1, 2015.
Click here for
published prices effective March 15, 2015