Gas prices up 3.5 cents on P.E.I.

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Gas evaluates on P.E.I. went up 3.5 cents per litre on Sunday.

The Island Regulatory and Pleas Commission approved the increase, which puts pump prices for semi-weekly unleaded gasoline at self-serve outlets at between 125.4 and 126.5 cpl.

There is no change in the cost of furnace oil, stove oil or diesel. The maximum price for furnace oil will proceed with at 92.2 cpl, plus tax.

Propane prices will decrease by 0.5 cpl for Peerless Propane, by 2.1 cpl for Kenmac Energy Inc. and increase by 1.0 cpl for Irving Zing Distribution and Marketing.

The maximum before tax propane prices will now stretch from 77.4 cpl to 78.6 cpl.

The increase is gas prices was driven by demand, IRAC bid.

The commission’s next scheduled price adjustment will be on May 1.

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