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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 an unscheduled adjustment on Jan. 19.
In saying the adjustment, which went into impact at 12:01 a.m., IRAC stated the value of fuel elevated 7.0 cents per litre (cpl).
With the change, the value of standard self-serve gasoline ranges from 165.6 to 166.8 cpl.
There was no change to the costs of furnace oil and diesel.
The utmost worth of furnace oil is 162.3 cpl whereas diesel ranges from 215.7 to 216.9 cpl.
IRAC’s subsequent scheduled adjustment is Jan. 20.