Notifications

Prince Edward Island gas prices remain at 5-year low

Gas prices will hold steady at a five-year low of between 83.9 and 85 cents per litre.

Pump costs stay between 83.9 and 85 cents per litre

Gas holds steady at a five-year low. (CBC)

Gas prices will hold steady at a five-year low of between 83.9 and 85 cents per litre after an overnight scheduled pricing decision by the Island Regulatory and Appeals Commission.

An unscheduled price adjustment by IRAC on Feb. 11 saw gas prices plunge 5.5 cents per litre — the lowest since 2009.

IRAC cited a decrease in the wholesale price of gas for the drop.

Diesel, propane, furnace and stove oil prices stayed the same.

The next scheduled price adjustment is March 1.

Comments

To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.

By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.