No change in gas prices for Aug. 1 in P.E.I.

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Gas prices

There will be no change in gas prices as the Island Regulatory and Appeals Commission reviews prices for August.

That means, including adjustments for taxes, pump prices for regular unleaded gasoline at self-serve outlets will continue to range from 134.9 to 136.0 cents per litre.

The maximum price for furnace oil will amount to 102.3 cents per litre, plus tax.

The commission, which regulates fuel prices on the Island, reviews fuel prices at the first and middle of each month.

The commission's next scheduled price adjustment will be on Aug. 15, 2014.

Organizations: Island Regulatory and Appeals Commission

Geographic location: P.E.I.

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Comments

Recent comments

  • Lloyd MacLeod
    August 01, 2014 - 07:10

    You have got to be joking. Oil is $98 a barrel down over $5 since last adjustment. IRAC sucks big-time.

  • J
    August 01, 2014 - 06:26

    the price of oil on the world market is down to around $98.00 a barrel and the price per litre in most provinces is around the $1.34 mark. My question, Is IRAC not aware of the price of oil on the world market and price per litre in other places?

    • oh they are aware
      August 01, 2014 - 07:33

      This is all about taxing us islanders to the 9th degree

  • Mike C
    July 31, 2014 - 20:07

    WHY??????????? Answer my darn question Ghiz.