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Analysts are predicting higher prices at the pumps because of increasing uncertainty in Iraq. <br />— Telegram file photo
The cost to fill up the tank will remained unchanged, but propane will increase slightly.— Telegram file photo

The cost to fill up the tank will remained unchanged, but propane will increase slightly.

The Island Regulatory and Appeals Commission approved the following petroleum pricing decision, effective Aug. 1.

There will be no change in the price of gasoline, furnace oil, stove oil or diesel.

Propane prices will increase by 0.8 cents per litre (cpl) for Superior Propane, by 1.5 cpl for Irving Energy Distribution and Marketing and there will be no change in price for Kenmac Energy Inc.

Pump prices for regular unleaded gasoline at self-serve outlets will continue to range from 128.3 cpl to 129.5 cpl. Pump prices for diesel will continue to range from 132.3 cpl to 133.4 cpl. Maximum before tax propane prices will now range from 78.8 cpl to 80.2 cpl.

The maximum price for furnace oil will continue to be 94.3 cpl, plus tax.

The Commission’s next scheduled price adjustment will be on Aug. 15.

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