Charlottetown, Prince Edward Island, July 31, 2007
Island Regulatory and Appeals Commission announced today the
following petroleum pricing decisions, effective August 1, 2007:
Gasoline prices will decrease by
2.0 cents per litre (cpl);
There will be no
changes to furnace oil, stove oil, diesel or propane prices at this
Including taxes, pump prices for
regular unleaded gasoline at self-serve outlets will now range from
101.7 cpl to 103.2 cpl.
In announcing the price adjustment,
the Commission noted that relative global geo-political stability
combined with improved refinery performance has had a positive influence
on commodity market prices and has enabled further reductions in
gasoline prices at this time.
The Commission's next scheduled price
adjustment will be on August 15, 2007.
Click here for published prices effective August 1, 2007