Approved Minimum and Maximum Prices
Effective 1 May 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 49.9 51.5 48.8 50.4
Mid-Grade Unleaded 52.0 53.6 50.9 52.5
Premium Unleaded 54.0 55.6 53.0 54.6
Low Sulphur Diesel 50.6 52.2 49.5 51.1
SHELL CANADA
Regular Unleaded 49.8 51.4 48.7 50.3
Mid-Grade Unleaded 51.9 53.5 50.8 52.4
Premium Unleaded 53.9 55.5 52.9 54.5
Low Sulphur Diesel 50.4 52.0 49.3 50.9
IMPERIAL OIL
Regular Unleaded 49.9 51.5 48.8 50.4
Mid-Grade Unleaded 52.0 53.6 50.9 52.5
Premium Unleaded 54.0 55.6 53.0 54.6
Low Sulphur Diesel 50.3 51.9 49.2 50.8
IRVING OIL
Regular Unleaded 50.0 51.6 48.9 50.5
Mid-Grade Unleaded 52.1 53.7 51.0 52.6
Premium Unleaded 54.1 55.7 53.1 54.7
Low Sulphur Diesel 50.6 52.2 49.5 51.1
PETRO-CANADA
Regular Unleaded 49.9 51.5 48.8 50.4
Mid-Grade Unleaded 52.0 53.6 50.9 52.5
Premium Unleaded 54.0 55.6 53.0 54.6
Low Sulphur Diesel 50.5 52.1 49.4 51.0
CO-OP ATLANTIC
Regular Unleaded 50.0 51.6
Mid-Grade Unleaded 52.1 53.7 N/A
Premium Unleaded 54.1 55.7
Low Sulphur Diesel 51.1 52.8

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 27.7

IRVING OIL

27.7
SHELL CANADA 27.1

PETRO-CANADA

27.8
IMPERIAL OIL 27.2

CO-OP ATLANTIC

27.5

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

See Related News Release

Posted: 99/05/03