Gas price on P.E.I. climbs over $1.30 per litre

The price of gas on Prince Edward Islandtook another significant jump on Friday morning.

The current minimum price for a litre of self-serve, regular gasoline is $1.316, up 2.9 cents over last week.

It's the highest price for gas on the Island since May of 2019.

The price of gas hovered around a dollar a litre during the latter half of 2020, but began to climb late in the year.

The price is up 25 per cent since New Year's Day alone.

The price increase followed the regular, weekly review of petroleum product prices by the Island Regulatory and Appeals Commission.

The prices of diesel and heating oil did not change.

More from CBCP.E.I.