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PEI gas price increases for 2nd week in a row – CBC.ca Achi-News

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Achi news desk-

PEI

Gas price increases on PEI have been accelerating over the past few weeks.

Heating oil price down

A sign at night showing the price of gas.
The price of gas was up about a nickel for the second week in a row. (Richie Bulger/CBC)

Gas price increases on PEI have been accelerating over the past few weeks.

The minimum pump price for gasoline rose 5.7 cents on Friday to $1.83 a litre.

This was the regular weekly price review by the Island Regulatory and Appeals Commission.

The price of PEI gas was also up by about a nickel last week, but that paled in comparison to what happened in Ontario, where the media was reporting an increase of 14 to 17 cents overnight.

Ontario prices dropped in the following days. There were no unscheduled changes on PEI, and recent progress in both states is now about the same.

The price of gas on PEI had been rising relatively slowly during the first three months of the year, up 13.8 cents from January 1 to April 1. But it has increased almost exactly the same amount in the last three weeks.

The maximum price of heating oil was down on Friday, falling 4.2 cents to $1.30 a litre.

Diesel price was unchanged at $1.86.

ABOUT THE AUTHOR

Kevin Yarr is the morning web journalist at CBC PEI Kevin has expertise in data journalism, and how statistics relate to the change in the lives of Islanders. He has a BSc and BA from Dalhousie University, and studied journalism at Holland College in Charlottetown. He can be reached at [email protected].

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