Charlottetown, Prince Edward Island,
July 15, 2016
The Island Regulatory and Appeals Commission approved
the following petroleum pricing decisions, effective 12:01 a.m.,
Friday, July 15, 2016:
Gasoline prices will decrease by 1.5
cents per litre (cpl);
Furnace and stove oil prices will
decrease by 2.0 cpl;
Diesel prices will decrease by 2.6 cpl;
There will be no change in propane
prices at this time.
Including adjustments for taxes, pump prices for regular
unleaded gasoline at self-serve outlets will now range from 96.9 cpl to
The maximum price for furnace oil will now amount to 69.2
cpl, plus tax.
A significant build in inventory levels coupled with
reduced demand has resulted in lowered wholesale pricing for all three
petroleum products thus affording the price reductions announced today.
The Commission's next scheduled price adjustment will be
on August 1, 2016.
Click here for
published prices effective July 15, 2016