P.E.I. gas prices plunge overnight
Gas prices on P.E.I. took a significant 5.5-cents-a litre-drop Wednesday night.
IRAC's unscheduled price adjustment puts pump prices between 83.9 and 85 cents per litre
Gas prices on P.E.I. dropped sharply Wednesday night.
Gas is down 5.5 cents a litre after the Island Regulatory and Appeals Commission's unscheduled price adjustment.
That puts prices at the pumps between 83.9 and 85 cents per litre.
No other fuel prices have changed.
A "substantial decrease" in the wholesale price of gas in the past week allowed for the price drop, IRAC said in a written statement.
The next scheduled price adjustment is Feb. 15.