Approved Minimum and Maximum Prices
Effective 26 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 50.2 51.8 49.1 50.7
Mid-Grade Unleaded 52.3 53.9 51.3 52.9
Premium Unleaded 54.4 56.0 53.3 54.9
Low Sulphur Diesel 50.8 52.4 49.8 51.4
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 25 MAY 1999. Prices may change without notice with approval or tax revision.

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Posted: 99/05/26