PEI

Furnace oil soars past $2 a litre as fuel prices raised again

Fuel prices increased again Friday morning in the regular weekly adjustment from the Island Regulatory and Appeals Commission. 

Second price jump from IRAC in 2 days

Furnace oil is at a record high $2.04 a litre on Prince Edward Island. (Laura Meader/CBC)

Fuel prices increased again Friday morning in the regular weekly adjustment from the Island Regulatory and Appeals Commission. 

Heating oil and diesel are up 16 cents a litre and gas is up five cents a litre. 

The maximum price for furnace oil is now $2.04 a litre, a record high for Prince Edward Island.

Diesel is $2.50 a litre, also a record high for P.E.I., and gas is at $1.85 a litre, just below its peak in March

It's the second price increase in two days. IRAC raised prices Thursday morning in an unscheduled review.

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