Gas, heating oil prices drop

Wholesale prices down, says IRAC

Image | Gas Prices gas pump

Caption: Gas prices are down on P.E.I. (The Associated Press)

Prices are down for gas, diesel and heating oil on P.E.I.
The prices dropped in the mid-month price review from the Island Regulatory and Appeals Commission.
  • Gasoline prices fell 2.5 cents per litre to a minimum of $1.037 for regular.
  • Heating oil prices are down 3.0 cents to $0.774 per litre.
  • Diesel prices decreased 3.0 cents to a minimum of $1.127.
There is no change in propane prices.
IRAC credited lower wholesale prices for allowing the decreases.
The next price review is scheduled for April 1.