Charlottetown, Prince Edward Island,
October 9, 2015
The Island Regulatory and Appeals Commission approved
the following petroleum pricing decisions, effective 12:01 a.m.,
Friday, October 9, 2015:
Furnace and stove oil
prices will increase by 5.0 cents per litre (cpl);
Diesel prices will
increase by 5.0 cpl; and
There will be no change in
gasoline or propane prices at this time.
The maximum price for furnace oil will now amount to 79.9
cpl plus tax.
A significant jump in the wholesale price of furnace
oil and diesel, primarily due to the switch to the more costly winter
blend formula for these products, has necessitated this unscheduled
price adjustment announced today. Despite these increases, furnace oil
prices on Prince Edward Island remain the lowest in the Maritime
The Commission's next scheduled price adjustment will be
on October 15, 2015.
Click here for
published prices effective October 9, 2015