P.E.I. furnace oil, gas, diesel prices increase Oct. 12, 2022

CHARLOTTETOWN, P.E.I. — The price of heating with oil took one other bounce because the Island Regulatory and Appeals Fee introduced a 21.0 cents per litre improve within the worth of furnace oil on Oct. 12.

In an unscheduled adjustment, which went into impact at 12:01 a.m., IRAC stated the utmost worth of furnace oil is 187.5 cpl.

Diesel additionally obtained costlier with the minimal worth growing by 20.7 cpl whereas the minimal worth of standard self-serve gasoline went up 3.4 cpl.

With the change, the value of diesel ranges from 237.1 to 238.3 cpl.

Common self-serve gasoline ranges from 179.6 to 180.8 cpl.

During the last week, the value of furnace oil elevated by round 40.0 cpl whereas gasoline went up round 15.0 cpl.

In asserting the most recent change, IRAC stated the value of gasoline went up 3.0 cpl, furnace oil rose by 20.0 cpl and diesel elevated 18.0 cpl.

These quantities referred to costs earlier than extra prices like margins, taxes and the carbon levy.

IRAC’s subsequent scheduled pricing adjustment is Oct. 14.