Charlottetown, Prince Edward Island, December 1, 2018
The Island Regulatory and Appeals Commission approved
the following petroleum pricing decisions, effective 12:01 a.m.,
Saturday, December 1, 2018:
Gasoline prices will decrease by 1.0 cent per litre (cpl);
Furnace and stove oil prices will decrease by 2.4 cpl;
Diesel prices will decrease by 1.4 cpl; and
Propane prices will decrease by 1.0 cent per litre (cpl) for
Superior Propane and there will be no change for Kenmac Energy
Inc. or for Irving Energy Distribution and Marketing.
Including adjustments for taxes, pump prices for regular unleaded
gasoline at self-serve outlets will now range from 104.2 cpl to 105.3
cpl. Pump prices for diesel will now range from 126.6 cpl to 127.8 cpl.
Maximum before tax propane prices will now range from 80.3 cpl to 80.5
The maximum price for furnace oil will now amount to 89.4 cpl, plus tax.
As the market continues to react to falling crude prices and
ample refined product inventory levels, falling wholesale prices
continue to be observed allowing for the additional price
reductions announced today.
The Commission’s next scheduled price adjustment will be on
December 15, 2018.
Click here for published prices effective
December 1, 2018