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P.E.I. fuel prices go up in weekly adjustments by IRAC on July 7, 2023


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CHARLOTTETOWN, P.E.I. — Gas costs in P.E.I. elevated in a single day because the Federal Gas Cost and Clear Gas Requirements got here into impact.

Within the newest scheduled adjustment, which went into impact at 12:01 a.m. on July 7, the Island Regulatory and Appeals Fee (IRAC) mentioned the value of gasoline elevated by 5.0 cents per litre (cpl).

There have been additionally will increase within the worth of furnace oil by 5.0 cpl. Diesel went up by 5.5 cpl.

With the change, the value of standard self-serve gasoline ranges from 169.2 to 170.3 cpl.

The utmost worth of furnace oil is 125.8 cpl, and diesel ranges from 168.9 to 170.1 cpl.

The Clear Gas Requirements accounts for about 4.0 cpl on gasoline and a rise of three.3 cpl on diesel fuels of the totals on this week’s worth changes. This enhance is corresponding to the rise in Nova Scotia because of the Clear Gas Requirements coming into impact.

IRAC’s subsequent scheduled pricing adjustment is July 14. 

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