Heating oil, diesel take another jump in P.E.I.

Fuel prices are up just a day afterthe Island Regulatory and Appeals Commission adjusted prices by a whopping 12 cents.

Furnace oil and diesel havegone up 10 cents a litre after the commission made an unscheduled price adjustment Saturday, which is rare for P.E.I. The price of self-serve, regular unleaded gasolinealso increased by two cents per litre.

Including taxes, gas prices will range from $1.73to $1.75per litre, and diesel will range from $1.98to $1.99 per litre. The price for heatingoil is $1.56.

That means Islanders willpay23 cents morefor heating oil and 16cents morefor gasoline than they would havea week ago.

IRAC said in its adjustment notice on Saturday that the hike is "a result of the continued rise in the market price of all petroleum products."

Crude prices have been rising during Russia's invasion of Ukraine.

In anticipation of the price hike on Friday, hundreds of Islanders went to fill up their tanks on Thursday evening.

Dianne Townshend was at the pumps following Friday's price increase. She said the rising gas and heating oil costs will definitely force her to change her lifestyle.

"It affects me greatly," she said. "I'm retired, senior living on my own, and anything like this is really tough."

Harold Axworthy said he wasn't buying a full tank because of budgeting. He said the the high prices are just a fact of life.

"We got to have the gas. What are we going to do? Buy it," he said.

Islanders may be set for even higher prices at the pumps in the coming weeks, with thethe federal carbon tax going upto 11 cents per litre on April 1.

At the provincial legislature on Friday, the Liberals suggested the governmentsuspend the provincial gas tax to help alleviate the effects of rising fuel.

The province said any change would need consultation with the federal government. Instead, it said it's committed to address rising costs by expanding social assistance payments and other such programs.