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.