Charlottetown, Prince Edward Island,
November 1, 2016
The Island Regulatory and Appeals Commission approved
the following petroleum pricing decisions, effective 12:01 a.m.,
Tuesday, November 1, 2016:
There will be no change in the price
of gasoline, furnace oil, stove oil or diesel at this time; and
Propane prices will increase by 4.5
cents per litre (cpl) for Superior Propane, by 3.9 cpl for Irving
Energy Distribution and Marketing and by 4.0 cpl for Kenmac Energy
Pump prices for regular unleaded gasoline at self-serve
outlets will continue to range from 107.0 cpl to 108.1 cpl. Maximum
before tax propane prices will now range from 73.3 cpl to 74.1 cpl.
The maximum price for furnace oil will continue to amount
to 83.3 cpl, plus tax.
Relative price stability observed in the wholesale
pricing of gasoline, furnace oil and diesel over the past two weeks
allows for the continuance of existing prices. Indeed, notwithstanding
the overall increase in pricing noted in neighboring jurisdictions over
the past two weeks, gasoline prices on Prince Edward Island have been
consistent and remain below prevalent prices in both Nova Scotia and New
Increased wholesale pricing for propane related to
seasonal demand issues necessitates the increased pricing for this
product announced today.
The Commission's next scheduled price adjustment will be
on November 15, 2016.
Click here for
published prices effective November 1, 2016