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P.E.I. gas, diesel, furnace oil prices increase on March 22, 2022

The value of fuel went up in a single day because the Island Regulatory and Appeals Fee introduced an unscheduled improve of 5.8 cents per litre on Friday, March 22.

With the change, which went into impact at 12:01 a.m., the worth of standard self-serve gasoline ranges from 172.3 to 173.4 cpl.

There have been additionally unscheduled modifications to the worth of diesel, which went up by 11.5 cpl, and furnace oil, which elevated by 10.5 cpl.

The modifications imply the worth of diesel ranges from 199.8 to 200.9 cpl whereas the utmost worth of furnace oil is 157.5 cpl.

When IRAC introduced the modifications, it stated the worth of fuel was rising by 5.0 cpl, however that quantity is utilized to the benchmark worth, which doesn’t embody taxes, the carbon levy or margins.

IRAC’s introduced modifications of 10.0 cpl to the costs of furnace oil and diesel additionally utilized to the benchmark worth.

The following scheduled pricing adjustment is Friday, March 25.

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