Charlottetown, Prince Edward Island, November 28, 2018
The Island Regulatory and Appeals Commission approved
the following petroleum pricing decisions, effective 12:01 a.m.,
Wednesday, November 28, 2018:
Gasoline prices will decrease by 3.1 cents per litre
Furnace and stove oil prices will decrease by 6.5
Diesel prices will decrease by 5.6 cpl; and
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 range from 105.1 cpl to 106.3 cpl.
Pump prices for diesel will range from 128.2 cpl to 129.4 cpl. Maximum
before tax propane prices will continue to range from 80.3 cpl to 81.4
The maximum price for furnace oil will now be 91.8 cpl, plus tax.
Significant reductions in the wholesale pricing of gasoline, furnace oil
and diesel observed over the past week allow for the unscheduled pricing
adjustments announced today. The prospect of continued lower crude
prices and a sustained build in refined product inventories have
combined to contribute to current market conditions.
The Commission’s next scheduled price adjustment will be on
December 1, 2018.
Click here for published prices effective
November 28, 2018