P.E.I. furnace oil, diesel prices drop Oct. 21, 2022
CHARLOTTETOWN, P.E.I. — The value of furnace oil has taken one other drop with the Island Regulatory and Appeals Fee asserting a 12.6 cents per litre (cpl) lower on Oct. 21.
In its newest scheduled adjustment, which went into impact at 12:01 a.m., IRAC stated the utmost worth of furnace oil is 187.5 cpl.
It’s the second change to the price of furnace oil in every week after costs rose greater than 50 cents per litre over a number of earlier changes.
Diesel additionally went down with a 12.7 cpl drop within the minimal worth.
With the change, the value of diesel ranges from 243.2 to 244.4 cpl.
There was no change to the value of fuel, which ranges from 179.6 to 180.8 cpl.
IRAC additionally introduced adjustments to some propane costs, which vary from 92.6 to 93.6 cpl.
In asserting the adjustments, IRAC stated the value of furnace oil went down 12.0 cpl and diesel decreased by 11.0 cpl.
These quantities referred to costs earlier than extra prices like margins, taxes and the carbon levy.
The fee’s subsequent scheduled pricing adjustment is Oct. 28.
