Charlottetown, Prince Edward Island, December 15, 2018
The Island Regulatory and Appeals Commission approved
the following petroleum pricing decisions, effective 12:01 a.m.,
Saturday, December 15, 2018:
There will be no change in gasoline, furnace oil, stove oil or
diesel prices at this time; and
Propane prices will decrease by 3.5 cpl for Irving Energy
Distribution and Marketing, by 2.2 cpl for Superior Propane, and
by 1.8 cpl for Kenmac Energy Inc.
Pump prices for regular unleaded gasoline at self-serve outlets will
continue to range from 104.2 cpl to 105.3 cpl. Pump prices for diesel
will continue to range from 126.6 cpl to 127.8 cpl. Maximum before tax
propane prices will now range from 76.8 cpl to 78.7 cpl.
The maximum price for furnace oil will continue to be 89.4 cpl, plus tax.
Market reaction to an inventory build in propane stocks allows for the
reduction in propane pricing announced today. Nominal fluctuation in the
wholesale pricing of the other products did not warrant Commission
pricing adjustments at this time.
The Commission’s next scheduled price adjustment will be on
January 1, 2019.
Click here for published prices effective
December 15, 2018