Gas prices down, heating oil and diesel up

Propane prices down at 2 of 3 retailers

Image | Furnace oil

Caption: The price of heating oil is up on P.E.I. (CBC)

Prices are both up and down for petroleum products on P.E.I. in the regular start-of-month price review from the Island Regulatory and Appeals Commission.
Demand is driving the price changes, IRAC said in a news release, with demand down for gasoline and propane, and up for heating oil and diesel.
  • The minimum price of regular, self-serve gasoline is down 1.6 cents to $0.975.
  • The price of heating oil is up 1.0 cent to $0.919.
  • The minimum price of diesel is up 1.1 cents to $1.251.

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Propane prices were down for two of the three suppliers of propane in the province.
  • Irving: Down 2.3 cents to $0.761 for bulk delivery.
  • Superior: Down 1.1 cents to $0.773 for bulk delivery.
Prices were unchanged at Kenmac at $0.778.
The next scheduled price change is Feb. 15.

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