Charlottetown, Prince Edward Island, March 1, 2009
Island Regulatory and Appeals Commission approved the following
petroleum pricing decisions, effective 12:01 a.m., Sunday, March 1,
There will be no change in the posted wholesale
price of gasoline, furnace oil, stove oil or diesel at this time;
Propane prices will increase by 4.1 cpl for
Superior Propane, by 4.5 cpl for Irving Energy Distribution and
Marketing and by 3.7 cpl for Kenmac Energy Inc.
While no changes are being made to wholesale gasoline and
diesel prices at this time, tax adjustments relating to previously
authorized Commission price changes during the month of February will
now result in slight pump price reductions. Accordingly, pump prices for
regular unleaded gasoline at self-serve outlets will now range from 81.2
cpl to 83.3 cpl.
Significant reductions in North American wide inventory
holdings of propane this past month have impacted wholesale pricing
levels of propane resulting in the increases announced today.
The Commission's next scheduled price adjustment will be
on March 15, 2009.
Click here for published prices effective
March 1, 2009