Order No. P.981110-5

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 made by PETRO-CANADA under Section 32 of the Petroleum Products Act, supra, for a decrease of 0.1 cent per litre in the prices of all grades of gasoline contained in its dealer tank truck pricing schedule, due to market conditions.

Tuesday, the 10th day of November, A.D., 1998

BEFORE

Wayne Cheverie, Q.C., Chair
Ginger Breedon, Vice-Chair


Decision and Order


On 9 November 1998, Ms. Stephanie Sanders filed with the Commission an application under Section 32 of the Petroleum Products Act requesting approval for a decrease of 0.1 cent per litre in the prices of all grades of gasoline contained in its dealer tank truck pricing schedule, due to market conditions.

The Commission, after consideration of this application and a review of area prices, approved the application to decrease the prices of gasoline to its dealers as requested, effective 12:01 a.m. on Thursday, 12 November 1998, in accordance with the Order which follows.

THE COMMISSION HEREBY ORDERS AS FOLLOWS:

1. THAT the following wholesale tank truck prices are to be charged dealers in Prince Edward Island supplied by Petro-Canada, effective 12:01 a.m. on Thursday, 12 November 1998:

PRODUCT

CENTS PER LITRE
(INCLUDING Federal Excise
and Provincial Taxes)
Regular Unleaded Gasoline

43.2

Mid-Grade Unleaded Gasoline 45.2
Premium Unleaded Gasoline 47.1
Low Sulphur Diesel 43.8 (no change)

2. THAT the above dealer prices, with seven per cent G.S.T. added, shall be indicated on all documents accompanying deliveries of these products.

3. THAT the prices quoted in this Order, with adjustments resulting from tax changes only, shall remain in effect until otherwise ordered by the Commission.

DATED at CHARLOTTETOWN this 10th day of NOVEMBER, A. D., 1998.

BY THE COMMISSION:

Chair

Vice-Chair