P.E.I. gas price increases Nov. 4, 2022

CHARLOTTETOWN, P.E.I. — It obtained costlier to refill on the pump in a single day after the Island Regulatory and Appeals Fee (IRAC) introduced a 3.5 cents per litre improve to the minimal value of gasoline.

In its newest scheduled pricing adjustment, which went into impact at 12:01 a.m. on Nov. 4, IRAC mentioned the value of standard self-serve gasoline ranges from 187.7 to 188.8 cents per litre (cpl).

There have been no adjustments to the costs of furnace oil and diesel.

The utmost value of furnace oil is 187.5 cpl whereas diesel ranges from 243.2 to 244.4 cpl.

IRAC additionally introduced decreases in propane costs, which vary from 90.6 to 92.5 cpl.

In asserting the adjustments, IRAC mentioned the value of gasoline elevated by 3.0 cents per litre.

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

The fee’s subsequent scheduled pricing adjustment is Nov. 11.