Charlottetown, Prince Edward Island,
August 1, 2016
The Island Regulatory and Appeals Commission approved
the following petroleum pricing decisions, effective 12:01 a.m.,
Monday, August 1, 2016:
Gasoline prices will decrease by 1.0
cent per litre (cpl);
Furnace and stove oil prices will
decrease by 2.5 cpl;
Diesel prices will decrease by 3.8 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 95.8 cpl to
Maximum before tax propane prices will continue to range from 68.4 cpl
to 70.0 cpl
The maximum price for furnace oil will now amount to 66.7 cpl, plus tax.
A continued build in the inventory levels of both crude and refined
products has resulted in decreased wholesale pricing for gasoline,
furnace oil and diesel, thus enabling the price reductions announced
The Commission's next scheduled price adjustment will be
on August 15, 2016.
Click here for
published prices effective August 1, 2016