The price of gas went down overnight in the latest Island Regulatory and Appeals Commission adjustment.
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Effective 12:01 a.m. on Oct. 16, IRAC said the price of premium gas went down by 3.0 cents per litre and regular gas decreased by 5.0 cents per litre.
After the changes, the price of regular gas ranges from 197.1 to 198.3 cents per litre and premium ranges from 212.6 to 213.8 cents per litre.
There were also changes to the cost of propane with the price for Avenir Energy increasing by 2.5 while Irving Energy and Superior Propane seeing 2.7 cent-per-litre increases.
The price for Kenmac Energy Inc. and Noonan Petroleum increased by 4.0 cents per litre.
With the changes, propane prices range from 89.8 to 94.2 cents per litre.
There were no changes to diesel or furnace oil prices.
The price of diesel ranges from 263.6 to 264.7 cents per litre and the maximum price of furnace oil is 206.1 cents per litre.
In announcing the changes, IRAC included petroleum pricing information from the same period last year.
On Oct. 15, 2025, the price of Brent crude oil was $62.33 per barrel compared to $105.76 per barrel on the same day this year.
The price of regular gas was 146.7 cents per litre on Oct. 15, 2025.
IRAC’s next scheduled pricing adjustment is Oct. 20.
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