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Slight decreases to P.E.I. gas, oil prices in Nov. 22 IRAC adjustment

Gas stations in the west end haven’t made any major decreases in their gas prices to match the cheaper prices at Costco Wholesale in the Galway neighbourhood of St. John’s. One independent owner says his station tries to compete by offering other items and services.
Gas now ranges from 113.0 to 114.2 cents per litre after the Nov. 22 price adjustment from IRAC. - Glen Whiffen

The price of gas, diesel and furnace oil have decreased slightly in the overnight petroleum pricing adjustment.

Gas now costs 0.8 cents per litre (cpl) less than it did yesterday, ranging from 113.0 to 114.2 cpl. Furnace oil decreased by 0.7 cents per litre and the price of diesel dropped by 0.6 cpl.

On the other hand propane prices have increased by 3.4 cpl for Irving Energy Distribution and Marketing, by 4.0 cpl for both Kenmac Energy Inc. and Noonan Petroleum, by 4.1 cpl for Superior Propane, and by 4.8 cpl for Island Petroleum. Maximum, before-tax propane prices now range from 75.2 to 78.4 cpl.  

The Island Regulatory and Appeals Commission’s next price adjustment is scheduled for Nov. 29.

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