Local News
Furnace oil, diesel prices increase in P.E.I. on June 7, 2022

The fee to warmth with oil went up in the present day after the Island Regulatory and Appeals Fee introduced an 8.4 cents per litre (cpl) enhance.
In an unscheduled adjustment, which went into impact at 12:01 a.m. on June 7, IRAC stated the utmost value of furnace oil is 173.6 cpl.
IRAC additionally introduced a 9.2 cpl enhance to the minimal value of diesel, however no change to the value of gasoline.
With the newest announcement, the value of diesel ranges from 222.9 to 224.0 cpl.
In saying the change, IRAC stated the costs of furnace oil and diesel elevated by 8.0 cpl.
That quantity referred to costs earlier than further prices like margins, taxes and the carbon levy.