Charlottetown, Prince Edward Island,
November 15, 2016
The Island Regulatory and Appeals Commission approved
the following petroleum pricing decisions, effective 12:01 a.m.,
Tuesday, November 15, 2016:
Gasoline prices will decrease by 6.1
cents per litre (cpl);
Furnace and stove oil prices will
decrease by 4.4 cpl;
Diesel prices will decrease by 4.4 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 99.9 cpl to
The maximum price for furnace oil will now amount to 78.9
cpl, plus tax.
The gasoline pipeline which had been shut down due to an
explosion is now back in service. Additionally, refineries which had
been effected by seasonal maintenance interruptions are now, for the
most part, back in production. Accordingly, inventory levels have
improved and, as a result, wholesale prices have dropped significantly
thus enabling the price reductions announced today.
The Commissions next scheduled adjustment will be on
December 1, 2016.
Click here for
published prices effective November 15, 2016