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PROPANE PRICES effective Jan-15-2014 - Go to page 6 of Order PW14-001

 

 

Docket P-1-1
Order No. PW14-001

IN THE MATTER of prices charged by wholesaler licensees for petroleum products.

BEFORE THE COMMISSION

on Tuesday, the 14th day of January, 2014.

Maurice Rodgerson, Chair
John Broderick, Acting Vice-Chair
Leonard Gallant, Commissioner
Peter McCloskey, Commissioner


Order


UPON reviewing and considering current international, national and regional market and related conditions;

AND UPON it appearing to the Commission that:

  1. A decrease in all gasoline prices in both the dealer and consumer schedules of 2.2 cents per litre (cpl);

  2. A decrease in all diesel prices in both the dealer and consumer schedules of 2.3 cpl; 

  3. A decrease in furnace fuel and stove oil prices of 2.0 cents per litre; and

  4. An increase in all propane prices of 8.0 cpl;

 will result in prices that are just and reasonable;

NOW THEREFORE, pursuant to the Island Regulatory and Appeals Commission Act and the Petroleum Products Act,

IT IS ORDERED THAT

  1. the prices contained in the attached Dealer Petroleum Prices Schedule shall be effective 12:01 a.m. on Wednesday, January 15, 2014; 

  2. the prices contained in the attached Posted Consumer Petroleum Prices Schedule shall be the maximum prices charged by the respective licensee, effective 12:01 a.m. on Wednesday, January 15, 2014; 

  3. the attached dealer prices, with H.S.T. added, shall be indicated on all documents accompanying deliveries of these products;

  4. the maximum propane prices charged by Superior Plus Inc., Kenmac Energy Inc. and Irving Energy Distribution and Marketing, effective January 15, 2014, be in accordance with Appendix "A" to this Order, and shall remain in effect until otherwise ordered by the Commission; and

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

DATED at Charlottetown, Prince Edward Island, this 14th day of January, 2014.

BY THE COMMISSION:

Maurice Rodgerson, Chair

John Broderick, Acting Vice-Chair

Leonard Gallant, Commissioner

Peter McCloskey, Commissioner


Notice:

Section 58 of the Petroleum Products Act reads as follows:

58.  Where any person has the status of a party or is an intervenor in any hearing before the Commission, he is entitled

(a)  to appeal the decision of the Commission to the Court of Appeal; and

(b)  to participate as a party in the hearing of an appeal.

and an appeal shall be on a question of law or jurisdiction only and be governed by section 13 of the Island Regulatory and Appeals Commission Act.

Sections 13.1 (1) and (2) of the Island Regulatory and Appeals Commission Act provide as follows:

13.(1)  An appeal lies from a decision or order of the Commission to the Court of Appeal upon a question of law or jurisdiction.

(2)  The appeal shall be made by filing a notice of appeal in the Court of Appeal within twenty days after the decision or order appealed from and the rules of court respecting appeals apply with the necessary changes.

The information in this Order is confidential until the price changes take effect.  Any unauthorized use or communication of this information by licensees or their employees, and in particular, any disclosure of the contents of this Order to the public, or to the media, prior to 12:01 a.m. on the date in which these price changes come into effect, is strictly prohibited, and may result in license suspension or monetary penalty.


Click here to access the Dealer Petroleum Prices Schedule

Click here to access the Posted Consumer Petroleum Prices Schedule

Click here to access CURRENT PROPANE PRICES  - (Go to Page 6 of ORDER PW14-001)