Approved Minimum and Maximum Prices
Effective 1 July 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 53.9 55.5 52.9 54.5
Mid-Grade Unleaded 56.1 57.7 55.0 56.6
Premium Unleaded 58.1 59.7 57.0 58.6
Low Sulphur Diesel 54.7 56.3 53.6 55.2
SHELL CANADA
Regular Unleaded 53.7 55.3 52.6 54.2
Mid-Grade Unleaded 55.9 57.5 54.8 56.4
Premium Unleaded 57.9 59.5 56.8 58.4
Low Sulphur Diesel 54.4 56.0 53.3 54.9
IMPERIAL OIL
Regular Unleaded 53.9 55.5 52.9 54.5
Mid-Grade Unleaded 56.1 57.7 55.0 56.6
Premium Unleaded 58.1 59.7 57.0 58.6
Low Sulphur Diesel 54.4 56.0 53.3 54.9
IRVING OIL
Regular Unleaded 53.9 55.5 52.9 54.5
Mid-Grade Unleaded 56.1 57.7 55.0 56.6
Premium Unleaded 58.1 59.7 57.0 58.6
Low Sulphur Diesel 54.6 56.2 53.5 55.1
PETRO-CANADA
Regular Unleaded 54.0 55.6 53.0 54.6
Mid-Grade Unleaded 56.2 57.8 55.1 56.7
Premium Unleaded 58.2 59.8 57.1 58.7
Low Sulphur Diesel 54.7 56.3 53.6 55.2
CO-OP ATLANTIC
Regular Unleaded 54.0 55.6
Mid-Grade Unleaded 56.2 57.8 N/A
Premium Unleaded 58.2 59.8
Low Sulphur Diesel 55.2 56.8

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 31.5

IRVING OIL

31.4
SHELL CANADA 30.8

PETRO-CANADA

31.4
IMPERIAL OIL 31.0

CO-OP ATLANTIC

31.3

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

See Related News Release

Posted: 99/06/30