Approved Minimum and Maximum Prices
Effective 1 November 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 60.8 62.4 59.7 61.3
Mid-Grade Unleaded 62.9 64.5 61.8 63.5
Premium Unleaded 64.9 66.6 63.9 65.5
Low Sulphur Diesel 61.5 63.1 60.5 62.1
SHELL CANADA
Regular Unleaded 60.6 62.2 59.5 61.1
Mid-Grade Unleaded 62.7 64.3 61.6 63.2
Premium Unleaded 64.7 66.3 63.7 65.3
Low Sulphur Diesel 61.2 62.8 60.1 61.7
IMPERIAL OIL
Regular Unleaded 60.8 62.4 59.7 61.3
Mid-Grade Unleaded 62.9 64.5 61.8 63.5
Premium Unleaded 64.9 66.6 63.9 65.5
Low Sulphur Diesel 61.2 62.8 60.1 61.7
IRVING OIL
Regular Unleaded 60.9 62.5 59.8 61.4
Mid-Grade Unleaded 63.0 64.6 62.0 63.6
Premium Unleaded 65.1 66.7 64.0 65.6
Low Sulphur Diesel 61.5 63.1 60.5 62.1
PETRO-CANADA
Regular Unleaded 60.7 62.3 59.6 61.2
Mid-Grade Unleaded 62.8 64.4 61.7 63.3
Premium Unleaded 64.8 66.4 63.8 65.4
Low Sulphur Diesel 61.3 62.9 60.2 61.8
CO-OP ATLANTIC
Regular Unleaded 60.9 62.5
Mid-Grade Unleaded 63.0 64.6 N/A
Premium Unleaded 65.1 66.7
Low Sulphur Diesel 62.1 63.7

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 37.9

IRVING OIL

37.9
SHELL CANADA 37.2

PETRO-CANADA

37.6
IMPERIAL OIL 37.4

CO-OP ATLANTIC

37.7

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

See Related News Release

Posted: 99/11/01