The price of gas in P.E.I. went down Oct. 16. Photo by Contributed /ContributedArticle contentThe price of gas went down overnight in the latest Island Regulatory and Appeals Commission adjustment.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY.Subscribe now to access this story and more:Unlimited access to the website and appExclusive access to premium content, newsletters and podcastsFull access to the e-Edition app, an electronic replica of the print edition that you can share, download and comment onEnjoy insights and behind-the-scenes analysis from our award-winning journalistsSupport local journalists and the next generation of journalistsSUBSCRIBE TO UNLOCK MORE ARTICLES.Subscribe or sign in to your account to continue your reading experience.Unlimited access to the website and appExclusive access to premium content, newsletters and podcastsFull access to the e-Edition app, an electronic replica of the print edition that you can share, download and comment onEnjoy insights and behind-the-scenes analysis from our award-winning journalistsSupport local journalists and the next generation of journalistsRegister to unlock more articles.Create an account or sign in to continue your reading experience.Access additional stories every monthShare your thoughts and join the conversation in our commenting communityGet email updates from your favourite authorsSign In or Create an AccountorArticle contentEffective 12:01 a.m. on Oct. 16, IRAC said the price of premium gas went down by 3.0 cents per litre and regular gas decreased by 5.0 cents per litre.Article contentArticle contentAfter the changes, the price of regular gas ranges from 197.1 to 198.3 cents per litre and premium ranges from 212.6 to 213.8 cents per litre.Article contentArticle contentThere were also changes to the cost of propane with the price for Avenir Energy increasing by 2.5 while Irving Energy and Superior Propane seeing 2.7 cent-per-litre increases.Article contentThe price for Kenmac Energy Inc. and Noonan Petroleum increased by 4.0 cents per litre.Article contentWith the changes, propane prices range from 89.8 to 94.2 cents per litre.Article contentThere were no changes to diesel or furnace oil prices.Article contentThe price of diesel ranges from 263.6 to 264.7 cents per litre and the maximum price of furnace oil is 206.1 cents per litre.Article contentIn announcing the changes, IRAC included petroleum pricing information from the same period last year.Article contentOn Oct. 15, 2025, the price of Brent crude oil was $62.33 per barrel compared to $105.76 per barrel on the same day this year.Article contentThe price of regular gas was 146.7 cents per litre on Oct. 15, 2025.Article contentIRAC’s next scheduled pricing adjustment is Oct. 20.Article content
Gas prices go down in P.E.I. Oct. 16, 2026
