PETROLEUM PRICE INCREASES
SUPERIOR PROPANE INC./PETRO-CANADA
Edward Island, 11 February 2000 - The Island Regulatory and Appeals Commission
announced today that approval has been granted to Superior Propane Inc. to increase
the price of propane to all classes of customers by 3.9 cents per litre.
Superior cited increased
propane acquisition costs as the reason for its request to increase prices.
The Commission also
announced that approval has been granted to Petro-Canada to increase the price of
all grades of gasoline contained in its dealer and posted consumer price schedules by 0.6
cent per litre.
Petro-Canada cited the
requirement to reduce benzene in its gasoline products in accordance with new federal
regulations as the reason for its request.
The price increases
authorized become effective at 12:01 a.m. on 12 February 2000.
Contact: H. Doris Pursey
See related Public Notice