P.E.I. gas price creeps above $2
The value of gasoline on P.E.I. did not go up by a lot Thursday night time, nevertheless it was sufficient to push costs into new territory.
The minimal worth on the pump for normal gasoline rose 3.5 cents per litre to $2.028 — the primary time gasoline has price greater than $2 a litre on the Island.
The rise was a part of the common weekly worth evaluation from the Island Regulatory and Appeals Fee. Costs for petroleum merchandise have been on an upward pattern since Russia invaded Ukraine on the finish of February.
It is one other file worth for gasoline, even taking into consideration inflation. Information have been set on a number of events this 12 months. Earlier than 2022 the very best worth, taking into consideration inflation, was in July 2008 — peaking at $1.391, which might be $1.839 at this time.
Diesel and heating oil costs didn’t change.
The minimal worth for diesel is $2.596 and the utmost worth for heating oil is $2.072.
Each are down from file costs set on April 30, when the value for diesel was $2.615 and heating oil was $2.145.
Earlier than 2022, the highest worth for diesel was $1.577 in March 2014, which might be $1.881 in 2022 {dollars}. The earlier file for heating oil was in July 2008, when it reached $1.274, or $1.52 in 2022 {dollars}.
