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P.E.I. gas, furnace oil, diesel prices increase on March 25, 2022

CHARLOTTETOWN, P.E.I. — The worth of fuel went up in a single day because the Island Regulatory and Appeals Fee introduced a 1.2 cents per litre improve on March 25.

With the newest scheduled adjustment, which went into impact at 12:01 a.m., the value of standard self-serve gasoline ranges from 173.5 to 174.7 cpl.

The costs of diesel and furnace oil additionally elevated sooner or later after they went up in an unscheduled change on March 24.

Furnace oil went up 4.3 cpl and the value of diesel elevated by 4.0 cpl.

With the modifications, the utmost worth of furnace oil is 172.3 cpl and diesel ranges from 215.3 to 216.4 cpl.

Propane costs additionally modified with Island Petroleum going up 3.0 cpl, Superior Propane growing by 2.2 cpl and Irving Power Distribution and Advertising rising by 0.8 cpl.

The worth for Kenmac Power Inc. and Noonan Petroleum propane decreased by 2.7 cpl.

Propane costs vary from 107.2 to 110.7 cpl with the modifications.

When it introduced the value modifications, IRAC stated there was a 1.1 cpl improve for fuel, 3.5 cpl for diesel and 4.1 cpl for furnace oil.

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

IRAC’s subsequent scheduled pricing adjustment is April 1.



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