PETROLEUM PRICING

Charlottetown, Prince Edward Island, October 1, 2009 — The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Thursday, October 1, 2009:

• Gasoline prices will decrease by 1.5 cents per litre (cpl);
• Diesel prices will decrease by 1.0 cpl in the dealer pricing schedule;
• There will be no change in furnace and stove oil prices; and
• Propane prices will increase by 2.5 cpl for Superior Propane, by 2.6 cpl for Irving Energy Distribution and Marketing and by 3.0 cpl for Kenmac Energy Inc.

Including taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 91.0 cpl to 93.1 cpl.

The Commission's next scheduled price adjustment will be on October 15, 2009.

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Click here for published prices effective October 1, 2009