P.E.I. gas price pumps up for 2nd week in a row

The price of gas was up about a nickel for the second week in a row. (Richie Bulger/CBC - image credit)
The price of gas was up about a nickel for the second week in a row. (Richie Bulger/CBC - image credit)

Increases in the price of gas on P.E.I. have been accelerating over the last few weeks.

The minimum price at the pump for gasoline rose 5.7 cents on Friday to $1.83 per litre.

It was the regular weekly price review from the Island Regulatory and Appeals Commission.

The P.E.I. gas price was also up about a nickel last week, but that did pale in comparison to what happened in Ontario, where media were reporting increases of 14 to 17 cents overnight.

Ontario prices fell in the following days. There were no unscheduled changes on P.E.I., and recent increases in both provinces are now about the same.

The price of gas on P.E.I. had been rising relatively slowly through the first three months of the year, up 13.8 cents from Jan. 1 to April 1. But it is up almost exactly the same amount in the last three weeks.

The maximum price of heating oil was down Friday, dropping 4.2 cents to $1.30 per litre.

The price of diesel was unchanged at $1.86.