Approved Minimum and Maximum Prices
Effective 1 January 1999

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 50.7 52.3 49.6 51.3
Mid-Grade Unleaded 52.9 54.5 51.8 53.4
Premium Unleaded 54.9 56.5 53.8 55.4
Low Sulphur Diesel 51.4 53.0 50.3 51.9
SHELL CANADA
Regular Unleaded 50.7 52.3 49.6 51.3
Mid-Grade Unleaded 52.9 54.5 51.8 53.4
Premium Unleaded 54.9 56.5 53.8 55.4
Low Sulphur Diesel 51.4 53.0 50.3 51.9
IMPERIAL OIL
Regular Unleaded 50.7 52.3 49.6 51.3
Mid-Grade Unleaded 52.9 54.5 51.8 53.4
Premium Unleaded 54.9 56.5 53.8 55.4
Low Sulphur Diesel 51.1 52.8 50.1 51.7
IRVING OIL
Regular Unleaded 50.7 52.3 49.6 51.3
Mid-Grade Unleaded 52.9 54.5 51.8 53.4
Premium Unleaded 54.9 56.5 53.8 55.4
Low Sulphur Diesel 51.3 52.9 50.2 51.8
PETRO-CANADA
Regular Unleaded 50.7 52.3 49.6 51.3
Mid-Grade Unleaded 52.9 54.5 51.8 53.4
Premium Unleaded 54.9 56.5 53.8 55.4
Low Sulphur Diesel 51.4 53.0 50.3 51.9
CO-OP ATLANTIC
Regular Unleaded 50.9 52.5
Mid-Grade Unleaded 53.1 54.7 N/A
Premium Unleaded 55.1 56.7
Low Sulphur Diesel 51.9 53.5

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 28.4

IRVING OIL

28.3
SHELL CANADA 28.0

PETRO-CANADA

28.5
IMPERIAL OIL 27.9

CO-OP ATLANTIC

28.2

NOTE: Prices are in cents per litre and are based on dealer tank truck and posted consumer prices in effect as of 1 JANUARY 1999. Prices may change without notice with approval or tax revision.

See Related News Release

Posted on Web: 98/12/31