Approved Minimum and Maximum Prices
Effective 1 September 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 56.3 57.9 55.2 56.8
Mid-Grade Unleaded 58.4 60.0 57.4 59.0
Premium Unleaded 60.5 62.1 59.4 61.0
Low Sulphur Diesel 57.0 58.6 56.0 57.6
SHELL CANADA
Regular Unleaded 55.9 57.5 54.8 56.4
Mid-Grade Unleaded 58.0 59.6 56.9 58.5
Premium Unleaded 60.0 61.6 59.0 60.6
Low Sulphur Diesel 56.5 58.1 55.4 57.0
IMPERIAL OIL
Regular Unleaded 56.3 57.9 55.2 56.8
Mid-Grade Unleaded 58.4 60.0 57.4 59.0
Premium Unleaded 60.5 62.1 59.4 61.0
Low Sulphur Diesel 56.7 58.3 55.6 57.2
IRVING OIL
Regular Unleaded 56.4 58.0 55.3 56.9
Mid-Grade Unleaded 58.5 60.1 57.5 59.1
Premium Unleaded 60.6 62.2 59.5 61.1
Low Sulphur Diesel 57.0 58.6 56.0 57.6
PETRO-CANADA
Regular Unleaded 56.3 57.9 55.2 56.8
Mid-Grade Unleaded 58.4 60.0 57.4 59.0
Premium Unleaded 60.5 62.1 59.4 61.0
Low Sulphur Diesel 56.9 58.5 55.9 57.5
CO-OP ATLANTIC
Regular Unleaded 56.4 58.0
Mid-Grade Unleaded 58.5 60.1 N/A
Premium Unleaded 60.6 62.2
Low Sulphur Diesel 57.6 59.2

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 33.7

IRVING OIL

33.7
SHELL CANADA 32.8

PETRO-CANADA

33.5
IMPERIAL OIL 33.2

CO-OP ATLANTIC

33.5

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

See Related News Release

Posted: 99/09/01