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No change to cost of gas, furnace oil on P.E.I. Nov. 8

Gas stations in the west end haven’t made any major decreases in their gas prices to match the cheaper prices at Costco Wholesale in the Galway neighbourhood of St. John’s. One independent owner says his station tries to compete by offering other items and services.
There was no change to gas or furnace oil prices on P.E.I. Friday, Nov. 8, 2019. - SaltWire file photo

The price of gasoline and furnace oil will remain unchanged this week on Prince Edward Island.

However, the price of diesel will increase by 0.4 cents per litre (cpl).

This means the minimum self-serve regular price for gas stays at 115.1 cpl, and the minimum self-serve diesel price goes to 130.8 cpl. The maximum price for furnace oil stays at 100.5 cpl.

Propane prices will also increase by 0.4 cpl for Superior Propane and by 0.3 cpl for Irving Energy Distribution and Marketing and Island Petroleum. There is no change for both Kenmac Energy Inc. and Noonan Petroleum. The maximum before tax propane prices will range from 71.8 to 73.6 cpl.

The Island Regulatory and Appeals Commission approved the prices effective today at 12:01 a.m.

For current petroleum prices, visit irac.pe.ca.

The commission’s next scheduled price adjustment is Nov. 15. 

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