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Gas prices rise: price for a fill-up goes up two cents for Islanders before long weekend

P.E.I. gas prices. (File image)
P.E.I. gas prices. – FILE

As Islanders prepare for trips to the cottage and taking their campers out for the long Victoria Day weekend, they’ll have to factor in a pricier fill-up.

The price of gas and diesel rose by two cents overnight.

The increase was part of the Island Regulatory and Appeals Commission’s bi-monthly petroleum pricing adjustment and came into effect at 12:01 a.m. May 15.

Including adjustments for taxes, pump prices for regular, unleaded gas at self-serve outlets now ranges from 132.3 to 133.4 cents per litre.

Furnace oil also rose by two cents and now amounts to 97.7 cpl, plus tax.

Propane prices also rose, by 3.4 cents per litre for Superior Propane, by 2.6 cpl for Kenmac Energy Inc. and by 4.0 cpl for Irving Energy Distribution and Marketing. Maximum, before-tax propane prices now range from 79.9 to 81.0 cpl.

The commission cites escalating wholesale prices driven by high demand for the increases. Its next scheduled adjustment is June 1.

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