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CHARLOTTETOWN, P.E.I. — The value of fuel went up in a single day because the Island Regulatory and Appeals Fee (IRAC) introduced a 5.0-cents-per-litre improve.
In its newest scheduled adjustment, which went into impact at 12:01 a.m. on Feb. 17, IRAC mentioned the value of fuel now ranges from 165.6 to 166.8 cents per litre (cpl).
IRAC additionally mentioned the value of furnace oil went down 9.0 cpl and the value of diesel dropped 7.0 cpl.
With the modifications, the utmost worth of furnace oil is 139.7 cpl. Diesel now ranges from 199.1 to 200.2 cpl.
IRAC’s subsequent scheduled pricing adjustment is Feb. 24.