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P.E.I. gas prices down 3 cents after Jan. 17 price adjustment

Petroleum prices have dropped in the Jan. 17 Island Regulatory and Appeals Commission weekly pricing adjustment. - Reuters
CHARLOTTETOWN, P.E.I. —

P.E.I. petroleum customers are seeing some savings after the Jan. 17 Island Regulatory and Appeals Commission's weekly price adjustment.

Gas has decreased by three cents per litre; the price of home heating oil has decreased by 4.6 cpl; and diesel costs five cents less per litre after the midnight adjustment. 

At self-serve outlets, regular, unleaded gasoline now ranges from 112.5 to 113.6 cpl. Diesel ranges from 128.3 to 129.5 cpl. And the maximum price for furnace oil has crept below a dollar at 99.9 cpl.

Propane prices have seen an even bigger decrease.

The prices have gone down by 7.5 cpl for Irving Energy Distribution and Marketing, by 7.2 cpl for both Kenmac Energy Inc. and Noonan Petroleum, by 6.8 cpl for Superior Propane, and by 6.6 cpl for Island Petroleum. Maximum propane prices will now range from 76.7 to 80.9 cpl.

For current petroleum prices visit irac.pe.ca.

The commission’s next scheduled price adjustment is Jan. 24.

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