Charlottetown, Prince Edward Island, October 14, 2007
Island Regulatory and Appeals Commission announced today the
following petroleum pricing decisions, effective October 15, 2007:
prices will decrease by 2.5 cents per litre (cpl);
will decrease by 2.1 cpl; and
will be no change to furnace fuel, stove oil and propane prices at
Including taxes, pump prices for regular unleaded gasoline at self-serve
outlets will now range from 97.1 cpl to 98.7 cpl.
the peak summer driving season now over, overall demand for gasoline has
diminished while, conversely, with the arrival of cooler weather demand
for heating fuels is on the increase. In the meantime, crude prices
continue to trend at record levels but, as of yet, have not impacted
refined product prices.
The Commission's next
scheduled price adjustment will be on November 1, 2007.
Click here for published prices effective October 15, 2007