Primary Country (Mandatory)

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
How gas and diesel prices are hitting Islanders, and why they're so high

How gas and diesel prices are hitting Islanders, and why they're so high

CBC
Thursday, May 19, 2022 03:31:45 AM UTC

Prince Edward Islanders may be starting to think about leaving their vehicles in the driveway more often, but they won't be able to entirely avoid the impact of high prices for gas and diesel.

Prices have been breaking records throughout the spring. Gas, at $2.108, is sitting at a record high. Diesel, at $2.424, is down from a record high at the end of April but still 90 per cent higher than it was a year ago.

Mike Cassidy, owner of T3 Transit, said he is seeing signs that Islanders are making the decision to let someone else do the driving for them. March and April were the busiest months ever for the transit service in Charlottetown.

Rural routes are getting busier too. Cassidy told Island Morning the company witnessed a first on Tuesday.

"Our Charlottetown to Summerside rural transit bus, leaving Charlottetown at 6:25 in the morning, for the first time since 2008, sold out in Hunter River," Cassidy said.

Fortunately, since rural routes usually have people driving to the bus stop, someone stepped up to drive the extra passengers into Summerside, he said.

The further people have to travel on a commute, said Cassidy, the more they can save by taking a bus.

With changes happening quickly the company is doing what it can to keep up.

"We are trying to determine how to adjust our business model," said Cassidy.

"Extra units, bigger units, but definitely we are seeing the behaviour change."

While Islanders can save some money by taking the bus, or choosing to walk or cycle, there will be some extra costs they can't escape.

Inflation is high across Canada, and not just directly for fuel. The increase in the consumer price index excluding fuel is about the same for both Canada and P.E.I., around five and a half per cent. Part of what is driving that increase is the cost of shipping.

Scott Annear, co-owner and general manager of Morley Annear, a trucking company based in Brudenell in eastern P.E.I., said since early December the rates he is charging have almost doubled.

And while that covers the higher cost of diesel, there are problems it doesn't solve.

Read full story on CBC
Share this story on:-
More Related News
Carney reflects on jump into politics at an 'important time' in year-end interview

With the final days of 2025 rapidly falling to the wayside, Canadians are likely taking stock of the last 12 months.

The most dangerous winter road in Ontario is not the 401. Here’s where it really is

A new study finds that more than half of the most dangerous winter roads in Canada are in Ontario, with weather, wildlife, and urban factors contributing to collisions.

Charting the delays: Current flight disruptions at Canada's major airports

Welcome to everyone's least favourite time of year for air travel. 

These travellers are going the extra mile this holiday season to be with loved ones

For some, the holiday season means packing their bags to spend time with loved ones, some of whom are half a world away.

IWK says more children in the Maritimes going to ER with flu-like symptoms

The IWK is urging people in the Maritimes to get vaccinated for the flu after reporting a big increase in the number of children coming to emergency rooms with flu-like symptoms. 

N.B. Power agrees to buy energy from J.D. Irving's Brighton Mountain wind project

J.D. Irving has secured an agreement to sell power from the large wind farm it's building in western New Brunswick to N.B. Power.

Randy Jones, pillar of Quebec's Lower North Shore, is dead at 69

One of the most influential voices advocating for Quebec's Lower North Shore region has fallen silent. Randy Jones, a political figure and ardent defender of his region, has died. He was 69.

Unions, PCs skeptical as Premier Wab Kinew promises end to long health-care waits in 2026

Some health-care leaders are questioning how Manitoba Premier Wab Kinew can confidently declare his government will end long waits for health-care services by the end of 2026.

‘It’s losing part of history’: Carlyle Observer closes after nearly 90 years in print

The Carlyle Observer, a small-town weekly newspaper, has folded after nearly 90 years in operation.

Christmas display mainstay Allen Family Lights shines on after death of patriarch

Trevor Allen didn’t worry about who had the most extravagant decorations or brightest bulbs.

Alberta looks to protect bridges from big trucks with fines, 'naughty list' for truckers

Alberta's transportation minister could hear the horns blaring from inside his office.

One lane opens on long-awaited Pattullo Bridge replacement

A single northbound lane on the long-awaited Pattullo Bridge replacement has opened to traffic, marking the first step in a phased opening process.

It's so cold in the Yukon, some places have been –50 C. Here's what's causing the extreme cold snap

The Yukon has been grappling with an extreme cold weather system that's pushing the power grid to the brink because it can't keep up with demand.

Korean-Canadian artist behind decades of Santa photos in Newfoundland

A celebrated Korean-Canadian artist has been behind decades of Christmastime mall Santa photos in eastern Newfoundland.

N.B. Premier Susan Holt has ‘empathy guidelines’ for senior staff, officials

Instructions given to Susan Holt's staff reveal efforts to present a kinder, gentler premier. 

Showing off agency: Africa Fashion exhibit in Montreal goes beyond the seams

For Montreal designer Angy Foly, dressing women in her glossy and colourful boubous, a popular West African robe, is her way of instilling confidence in others and of staying connected to the Ivorian women who came before her.

Wildfires, tariffs and landfill searches: Here's a look at CBC Manitoba's top 10 stories of 2025

It was a busy year for Manitoba, but when hasn't it been?

MBC Radio celebrates 40 years of connecting Sask.’s north

Deborah Charles inspects the tall, white and red transmitter that towers above the Missinipi Broadcasting Corporation (MBC) building in La Ronge. The CEO of the Saskatchewan radio network reflects on what the corporation has meant to her.

Many holiday items can recycled or composted with proper sorting, says P.E.I. waste agency

By the time you read this, you might already be knee-deep in torn wrapping paper, demolished cardboard boxes and Styrofoam whatnots from the Christmas morning frenzy.

Pickleball injuries on the rise, according to research and medical professionals

Some of the most interesting people we met in 2025, from a teen inventor to a winning Muay Thai fighter

Every December, we remind you of some of the most interesting stories CBC Hamilton shared throughout the year.

Windsor couple use lottery win for years of charitable work in Ghana

Sharing with those less fortunate than yourself is a common theme during the Christmas season — but for Fred and Elyse Maindonald, it's more than just a holiday sentiment.

What’s open and closed in Toronto over the 2025 holiday season

Whether you’re taking transit to visit loved ones, watching Die Hard in theatres or lacing up a pair of ice skates, you’ll want to know what’s open and closed this holiday season.

What's open and closed in Waterloo region and Guelph from Christmas to the new year

For the next two weeks, some services around Waterloo region and Guelph will be closed or have altered hours because of the statutory holidays. 

Vehicle drives into Yellowknife hotel leaving entrance way in ruins

Yellowknife's Explorer Hotel was left with extensive damage after a vehicle crashed into the hotel's lobby late in the day on Christmas Eve.

© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us