Approved Minimum and Maximum Prices
Effective 5 September 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 50.4 52.0 49.3 50.9
Mid-Grade Unleaded 52.5 54.1 51.5 53.1
Premium Unleaded 54.6 56.2 53.5 55.1
Low Sulphur Diesel 51.0 52.6 50.0 51.6
SHELL CANADA
Regular Unleaded 50.8 52.4 49.8 51.4
Mid-Grade Unleaded 53.0 54.6 51.9 53.5
Premium Unleaded 55.0 56.6 53.9 55.5
Low Sulphur Diesel 51.5 53.1 50.4 52.0
IMPERIAL OIL
Regular Unleaded 50.4 52.0 49.3 50.9
Mid-Grade Unleaded 52.5 54.1 51.5 53.1
Premium Unleaded 54.6 56.2 53.5 55.1
Low Sulphur Diesel 50.8 52.4 49.8 51.4
IRVING OIL
Regular Unleaded 50.5 52.1 49.4 51.0
Mid-Grade Unleaded 52.6 54.2 51.6 53.2
Premium Unleaded 54.7 56.3 53.6 55.2
Low Sulphur Diesel 50.9 52.5 49.9 51.5
PETRO-CANADA
Regular Unleaded 50.5 52.1 49.4 51.0
Mid-Grade Unleaded 52.6 54.2 51.6 53.2
Premium Unleaded 54.7 56.3 53.6 55.2
Low Sulphur Diesel 50.9 52.5 49.9 51.5
CO-OP ATLANTIC
Regular Unleaded 50.6 52.2
Mid-Grade Unleaded 52.8 54.4 N/A
Premium Unleaded 54.8 56.4
Low Sulphur Diesel 51.6 53.2

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 28.1

IRVING OIL

28.0
SHELL CANADA 27.7

PETRO-CANADA

28.1
IMPERIAL OIL 27.6

CO-OP ATLANTIC

27.9

NOTE: Prices are in cents per litre and are based on dealer tank truck and posted consumer prices in effect as of 5 SEPTEMBER 1998. Prices may change without notice with approval or tax revision.

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Posted on Web: 98/09/07