PRICING ADJUSTMENTS IRVING OIL LIMITED AND SUPERIOR PROPANE INC.
Edward Island, 6 April 2000 The Island
Regulatory and Appeals Commission announced today that approval has been granted to Superior Propane Inc. to decrease the price of propane to all
classes of customers by 1.9 cents per litre.
Commission also announced that approval has been granted to Irving
Oil Limited to increase the price of propane to all classes of
customers by 5.7 cents per litre.
Commission noted that due to timing differences in the filing of propane
pricing applications in the past, that the requested adjustments of both
Applicants have been found to be just and reasonable at this time.
The Commission indicated, however, that it proposes to next review
prices for both Companies after 15 May 2000.
pricing adjustments authorized become effective at 12:01 a.m. on 8 April
Contact: H. Doris Pursey