CHARLOTTETOWN, P.E.I. - The price of diesel in Prince Edward Island has dipped after the Island Regulatory and Appeals Commission authorized the lowering of prices for fuel in February.The commission,...
CHARLOTTETOWN, P.E.I. – The price of diesel in Prince Edward Island has dipped after the Island Regulatory and Appeals Commission authorized the lowering of prices for fuel in February.
The commission, which regulates prices for diesel, gas, and home heating oil, allows retailers to petition for increases or decreases. It hands out its decisions on a month-by-month basis.
Although diesel examples weren’t available, the dropping of gas prices included 8.3 cents-a-litre at Ultramar and 7.3 cents-a-litre at Co-op Atlantic.
P.E.I. is currently the only province with government-regulated fuel prices.
Separately, P.E.I.’s Department of Transportation and Public Works plans to spend about $3 million as part of a multi-year plan to upgrade the Island’s bridges.
Five bridges have been identified as needing immediate repair. They are: the Poplar Grove Bridge and Goff’s Bridge, in Prince County; the Dunedin Bridge, in Queens County; and Naufrage and Murray River spans, in Kings County.
A sixth bridge, in St. Peters County, has been slated for possible work.
That project requires federal-provincial agreement on infrastructure surrounding the new National Park in Greenwich County. n
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