The price of gas in P.E.I. went up June 20. Photo by SaltWire NetworkArticle contentThe price of gas has gone up for the second time in three days as the Island Regulatory and Appeals Commission (IRAC) says markets are experiencing increased volatility.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 contentIn its latest adjustment, which went into effect at 12:01 a.m. on June 20, IRAC said the price of regular gas went up by 4.5 cents per litre (cpl) while premium increased by the same amount.Article contentArticle contentWith the change, the price of regular self-serve gas ranges from 154.8 to 155.9 cpl and premium ranges from 163.3 to 164.5 cpl.Article contentArticle contentAlong with the changes to the cost of gas, IRAC said the price of furnace oil went up by 5.0 cpl and diesel went up by 7.0 cpl.Article contentDiesel ranges from 167.1 to 168.2 cpl while the maximum price of furnace oil is 119.4 cpl.Article contentIn announcing the changes, IRAC said markets are experiencing increased volatility in response to a variety of factors, including increased geopolitical tensions.Article content“As a result, petroleum product prices continue to rise, which is reflected in this week’s regularly scheduled price adjustment.”Article contentIRAC also said there may be price differences across the Atlantic region because of several factors.Article contentThose could include rising costs associated with transporting petroleum products to P.E.I., as well as differences in the pricing and availability of different fuel blends in each province, IRAC said.Article contentThe commission’s next scheduled pricing adjustment is June 27.Article content
Gas prices in P.E.I. increase June 20, 2025
