TWO-CENT HIKE

Drivers will be paying a bit more at the pumps today at P.E.I. service stations

Increases in the wholesale price of gasoline over the past two weeks mean higher gas prices for Islanders today.

The Island Regulatory and Appeals Commission has approved a two-cent hike for the price of a litre of gas in P.E.I., as of 12:01 a.m. July 15.

Including adjustments for taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 103.5 to 104.7 cents per litre (cpl).

There is no change to the price of diesel, furnace oil, stove oil or propane.

Maximum before tax propane prices will continue to range from 70.3 to 71.0 cpl.

The maximum price for furnace oil will continue to amount to 69.4 cpl, plus tax.

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