Order No. P.980811-1
IN THE MATTER of the
Petroleum Products Act, R.S.P.E.I.
1988, Cap P-5.1
- and -
IN THE MATTER of an application filed under Section 32 of the
Products Act, supra, by IMPERIAL OIL LIMITED for decreases of 0.2 cent
per litre in the prices of all grades of gasoline and low sulphur diesel contained in its
dealer tank truck pricing schedule based on market conditions.
Tuesday, the 11th day of August, A.D., 1998
Wayne Cheverie, Q.C., Chair
Ginger Breedon, Vice-Chair
Decision and Order
On 10 August 1998, an application of the same date was filed with the
Commission by Kevin M. Koch, Price Analyst, Imperial Oil Limited ("Imperial").
This application requested approval to decrease the prices of all grades of gasoline and
low sulphur diesel contained in Imperial's dealer tank truck pricing schedule by 0.2 cent
per litre, based on local market conditions.
The Commission, after consideration of this application and current
prices in the marketplace, approved the application to decrease all prices contained in
Imperials dealer tank truck pricing schedule, effective 12:01 a.m. on Wednesday, 12
August 1998, in accordance with the Order which follows.
THE COMMISSION THEREFORE ORDERS AS FOLLOWS:
1. THAT the following wholesale tank truck prices are to be charged
dealers in Prince Edward Island supplied by Imperial Oil Limited effective 12:01 a.m. on
Wednesday, 12 August 1998:
CENTS PER LITRE
(INCLUDING Federal Excise
and Provincial Taxes)
|Regular Unleaded Gasoline
|Mid-Grade Unleaded Gasoline
|Premium Unleaded Gasoline
|Low Sulphur Diesel
2. THAT the above prices, with seven per
cent G.S.T. added, shall be indicated on all documents accompanying deliveries of these
products to said dealers.
3. THAT the prices quoted in this Order, with adjustments
resulting from tax changes only, shall remain in effect until otherwise ordered by the