Gasoline price up across P.E.I.

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Gas prices are going up across P.E.I.

Gas going up one cent, propane up three cents, IRAC rules

The Island Regulatory and Appeals Commission is allowing gasoline prices to go up by one cent.

"Recent increases observed in the wholesale price of both gasoline and propane now require the price adjustments announced today," the commission said in its March 1 ruling.

Propane prices will increase by just over three cents per litre.

"There will be no change in furnace, stove oil or diesel prices," the commission report said.

As a result of the increase, regular gasoline at self-serve pumps will now range between 85 to 86.2 cents per litre.

Propane prices will now range from 69 to 71.3 cents per litre.

"The maximum price for furnace oil will continue to amount to 69.6 cents per litre, plus tax," said the commission.

The next scheduled price adjustment will be on March 15.

Organizations: Island Regulatory and Appeals Commission

Geographic location: P.E.I.

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Recent comments

  • Billy
    March 01, 2016 - 09:28

    The big red arrow - again. Electricity, gas, food, bridge crossing and so on all up! I notice wages, pensions and any other income has not gone up even a 2 per cent increase. We are nearing the breaking point.

  • Joe Blow
    March 01, 2016 - 04:17

    Gas should have gone down about 20 cents....not going up. Our government has lost their minds and continue to slap us in the face. We see the price of oil per barrel, we see the price of gas across Canada...but yet we continue to pay more than any other province in the whole country.