U.S. flooding bumps up gas, heating oil prices on P.E.I.

Propane price remain unchanged

Floodwaters in Louisiana have slowed oil production, and that prompted P.E.I.'s Island Regulatory and Appeals Commission to put up prices overnight Monday in an unscheduled price adjustment.
The price is up for all petroleum products except propane, which is unchanged.
  • Regular self-serve gas is up 2.6 cents per litre to a minimum of $0.999.
  • Diesel is up 3.5 cents per litre to a minimum of $0.995.
  • Heating oil is up 3.5 per litre to a minimum of $0.707.
IRAC's next scheduled price review is Sept. 1.