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P.E.I. gas, furnace oil, diesel prices increase Oct. 7, 2022

CHARLOTTETOWN, P.E.I. — The worth of fuel went up for the second time this week with the Island Regulatory and Appeals Fee asserting a 6.3 cents per litre (cpl) improve Oct. 7.

In its commonly scheduled adjustment, which went into impact at 12:01 a.m., IRAC introduced the value of standard self-serve gasoline ranges from 176.2 to 177.3 cpl.

The utmost worth of furnace oil elevated by 14.5 cpl whereas the minimal worth of diesel went up 16.3 cpl.

With the adjustments, the utmost worth of furnace oil is 166.5 cpl whereas diesel ranges from 216.4 to 217.6 cpl.

Propane costs vary from 92.6 to 95.6 cpl.

In asserting the adjustments, IRAC stated the value of fuel elevated by 5.5 cpl, furnace oil went up 13.8 cpl and diesel rose 14.2 cpl.

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

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



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