Approved Minimum and Maximum Prices
Effective 4 March 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 49.1 50.7 48.0 49.6
Mid-Grade Unleaded 51.3 52.9 50.2 51.8
Premium Unleaded 53.3 54.9 52.2 53.8
Low Sulphur Diesel 49.8 51.4 48.7 50.3
SHELL CANADA
Regular Unleaded 49.0 50.6 47.9 49.5
Mid-Grade Unleaded 51.1 52.8 50.1 51.7
Premium Unleaded 53.2 54.8 52.1 53.7
Low Sulphur Diesel 49.6 51.3 48.6 50.2
IMPERIAL OIL
Regular Unleaded 49.1 50.7 48.0 49.6
Mid-Grade Unleaded 51.3 52.9 50.2 51.8
Premium Unleaded 53.3 54.9 52.2 53.8
Low Sulphur Diesel 49.5 51.1 48.5 50.1
IRVING OIL
Regular Unleaded 49.1 50.7 48.0 49.6
Mid-Grade Unleaded 51.3 52.9 50.2 51.8
Premium Unleaded 53.3 54.9 52.2 53.8
Low Sulphur Diesel 49.6 51.3 48.6 50.2
PETRO-CANADA
Regular Unleaded 49.1 50.7 48.0 49.6
Mid-Grade Unleaded 51.3 52.9 50.2 51.8
Premium Unleaded 53.3 54.9 52.2 53.8
Low Sulphur Diesel 49.8 51.4 48.7 50.3
CO-OP ATLANTIC
Regular Unleaded 49.1 50.7
Mid-Grade Unleaded 51.3 52.9 N/A
Premium Unleaded 53.3 54.9
Low Sulphur Diesel 50.3 51.9

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 26.9

IRVING OIL

26.8
SHELL CANADA 26.4

PETRO-CANADA

27.0
IMPERIAL OIL 26.4

CO-OP ATLANTIC

26.7

NOTE: Prices are in cents per litre and are based on dealer tank truck and posted consumer prices in effect as of 4 MARCH 1999. Prices may change without notice with approval or tax revision.

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Posted on Web: 99/03/04