Cost of gas, diesel, furnace oil in P.E.I. all down Friday

CBC

May 10, 2024 at 5:40 a.m.

The minimum price of regular gasoline in P.E.I. dropped by five cents a litre to $1.77 on Friday, May 10. The price of diesel is also down three cents. (Mitch Cormier/CBC - image credit)

Most fuel prices dropped overnight Friday.

In the Island Regulatory and Appeals Commission's regular weekly pricing adjustment, regular and premium gasoline dropped five cents per litre.

The minimum cost of regular gas at Island pumps is now $1.77 cents a litre, with premium at $1.89 cents.

The price of diesel went down three cents per litre to a minimum of $1.81.

Furnace oil also decreased to a maximum if $1.27 cents per litre, down two cents in this week's adjustment.

IRAC's next scheduled pricing adjustment is Friday, May 17.

Insider Monkey
Why Schlumberger Limited (SLB) Is One of the Best Crude Oil Stocks to Buy Right Now
We recently published a list of 8 Best Crude Oil Stocks To Buy Right Now. In this article, we are going to take a look at where Schlumberger Limited (NYSE:SLB) stands against the other best crude oil stocks to buy right now. On November 6, CNBC reported that following Trump’s presidency, the US oil producers […]
Insider Monkey
Why Occidental Petroleum Corporation (OXY) Is One of the Best Crude Oil Stocks to Buy Right Now?
We recently published a list of 8 Best Crude Oil Stocks To Buy Right Now. In this article, we are going to take a look at where Occidental Petroleum Corporation (NYSE:OXY) stands against the other best crude oil stocks to buy right now. On November 6, CNBC reported that following Trump’s presidency, the US oil […]
Reuters
Oil settles down as ease of supply risks drives weekly loss
NEW YORK (Reuters) -Oil prices edged lower on Friday and posted a weekly decline of more than 3%, pressured by easing concern over supply risks from the Israel-Hezbollah conflict and the prospect of increased supply in 2025 even as OPEC+ is expected to extend output cuts. Brent crude fell 34 cents, or 0.46%, to settle at $72.94 a barrel.
Insider Monkey
Why Is Baker Hughes Company (BKR) Among the Best American Energy Stocks to Buy According to Hedge Funds?
We recently compiled a list of the 10 Best American Energy Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where Baker Hughes Company (NASDAQ:BKR) stands against the other American energy stocks. The energy industry includes stocks that are involved in the production or supply of energy. […]
CBC
This N.B. couple became homeless a year ago. Now, they're opening up about the harrowing experience
Kevin Desylva and Reah Palmer never imagined they would end up homeless. But after 32 years together, the couple found themselves trying anything to make it through each day."We've never experienced homelessness, we've never been around it," Desylva said. "Everything about it was new to us, the people, the atmosphere — it's rough."There was a time, he said, when the pair were living in Chipman area of what is now Grand Lake. Palmer was working three jobs, and Desylva stayed home to look after hi
The Canadian Press
Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar
WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar.
Hello!
Elizabeth Hurley sets pulses racing as she straddles chair
Austin Powers actress Elizabeth Hurley posted a sultry throwback picture to celebrate her makeup artist's birthday
FTW Outdoors
Wild video of Buffalo blizzard shows how snowy the Bills stadium is ahead of 49ers game
We've seen this before in Buffalo -- a lake effect snowstorm dumps tons of snow on Highmark Stadium for a Bills game. That's what's happened ahead of Sunday night's Buffalo Bills and San Francisco 49ers game, with so much snow being dumped on the region
Popular Mechanics
Humanity May Reach Singularity Within Just 6 Years, Trend Shows
When will the singularity occur? According to new research, humanity may achieve singularity within just 7 years—much sooner than we originally thought.
The Daily Beast
Pete Hegseth’s Mom Said He Abused ‘Many’ Women in Bombshell Email
Pete Hegseth’s mother trashed his character in a blistering email shortly after his contentious divorce from his second wife, Samantha, the mother of three of his children. Penelope Hegseth, 70, wrote that President-elect Donald Trump’s pick for defense secretary had been mistreating women for years. “On behalf of all the women (and I know it’s many) you have abused in some way, I say… get some help and take an honest look at yourself,” she wrote on April 30, 2018.
The Daily Beast
Pelosi Secretly Orchestrating Another Attempted Shake-Up of Dem Leadership
Months after running an internal pressure campaign that nudged President Joe Biden out of the 2024 election, former House Leader Nancy Pelosi (D-CA) is plotting another ouster within the Democratic Party. The representative for California’s 11th congressional district—who stepped down as Leader of the House Democratic Caucus last year after two decades—is targeting the top member of her party on the Judiciary Committee, Rep. Jerry Nadler (D-NY), the New York Times reported. Pelosi is among a gro
Glamour
Taylor Swift Fans Are Spiraling Over Travis Kelce's Reaction to Hailee Steinfeld's Engagement to Josh Allen
You can probably guess what they're saying.
CBC
So how did Trudeau and Trump's dinner meeting go? Here's what we know
Prime Minister Justin Trudeau and U.S. president-elect Donald Trump discussed border security and Canada-U.S. trade during a surprise meeting at Trump's estate in Florida on Friday night.Trudeau flew to Palm Beach, Fla., and visited Trump at Mar-a-Lago, where the president-elect has been meeting with his transition team in recent weeks. The visit came amid Trump's threats to impose steep tariffs on Canadian products entering the United States.On Saturday, Trump described the meeting as "very pro
InStyle
King Charles Has Reportedly Made a Decision Regarding Prince Andrew's Christmas Invite
The verdict comes amid the brothers' feud over Royal Lodge.
The Independent
Ellen DeGeneres’s England home floods weeks after her move to the UK following Donald Trump’s victory
The flood was caused following the aftermath of Storm Bert
BuzzFeed
"I'm A Teacher, And I See This Too Often": People Are Sharing The Toxic Trends They're Already Noticing With Gen A
"I teach young kids (Gen Alpha), and I've noticed that many of them can't do this in school without falling to pieces."
The Hockey News - Boston Bruins
Ex-Bruins Forward Shockingly Scratched By New Team
This former Bruins forward was scratched by his new club.
CNN
The illusion of Assad’s grip on Syria shatters, as Russia, Iran and Hezbollah let their guard down
Time and time again the Assad dynasty has survived internal and external challenges and lived to fight another day. But nothing lasts forever.
People
Lizzo Poses in Orange Off-the-Shoulder Dress on Thanksgiving amid Weight Loss: ‘Yall Wasn’t the Only Ones Eating'
The singer shared posts of herself celebrating Thanksgiving on Instagram on Nov. 29
Moneywise
This Florida couple bought a home from foreign nationals — months later, they received a $30K fine from the IRS
“Maybe it was ignorance.”

Latest Stories