Notice re
Petroleum Prices


Approved Minimum and Maximum Prices
Effective 8 March 1998

Following are the approved minimum & maximum pump prices in cents per litre of gasolines and diesel fuels in P.E.I. Prices include allowable dealer markups*, the taxes noted below and GST. Dealers may price anywhere within the ranges provided markup is consistent on all gasoline grades and at split-serve outlets, self-serve prices are at least one cent below full-serve prices.

Full-Serve
Pump Prices

Self-Serve
Pump Prices


BRAND MIN. MAX. MIN. MAX.
*(5.0) (6.5) (4.0) (5.5)
ULTRAMAR
Regular Unleaded 56.3 57.9 55.2 56.8
Mid-Grade Unleaded 58.4 60.0 57.4 59.0
Premium Unleaded 60.5 62.1 59.4 61.0
Low Sulphur Diesel 55.1 56.7 54.0 55.6
SHELL CANADA
Regular Unleaded 56.8 58.4 55.7 57.4
Mid-Grade Unleaded 59.0 60.6 57.9 59.5
Premium Unleaded 61.0 62.6 59.9 61.5
Low Sulphur Diesel 57.5 59.1 56.4 58.0
IMPERIAL OIL
Regular Unleaded 56.3 57.9 55.2 56.8
Mid-Grade Unleaded 58.4 60.0 57.4 59.0
Premium Unleaded 60.5 62.1 59.4 61.0
Low Sulphur Diesel 55.1 56.7 54.0 55.6
IRVING OIL
Regular Unleaded 56.4 58.0 55.3 56.9
Mid-Grade Unleaded 58.5 60.1 57.5 59.1
Premium Unleaded 60.6 62.2 59.5 61.1
Low Sulphur Diesel 57.1 58.7 56.1 57.7
PETRO-CANADA
Regular Unleaded 56.3 57.9 55.2 56.8
Mid-Grade Unleaded 58.4 60.0 57.4 59.0
Premium Unleaded 60.5 62.1 59.4 61.0
Low Sulphur Diesel 54.2 55.9 53.2 54.8
CO-OP ATLANTIC
Regular Unleaded 56.7 58.3
Mid-Grade Unleaded 58.9 60.5 N/A
Premium Unleaded 60.9 62.5
Low Sulphur Diesel 57.7 59.3

PRICES INCLUDE Provincial Tax of 13.0 cents/litre on all grades of gasoline and 13.5 cents/litre on diesel fuel. Federal Excise Tax is 10.0 cents/litre on gasoline and 4.0 cents/litre on diesel.

POSTED FURNACE FUEL PRICES are as follows, PLUS 7% GST:
ULTRAMAR 31.9

IRVING OIL

31.9
SHELL CANADA 31.3

PETRO-CANADA

32.1
IMPERIAL OIL 31.4

CO-OP ATLANTIC

31.7

NOTE: Prices are in cents per litre and are based on dealer and posted consumer prices in effect as of 8 MARCH 1998. Prices may change without notice with approval or tax revision.

See related News Release


Posted on Web: 98/03/07