Island, 31 July 2000
today that applications
for crude oil cost-related increases have been approved by the
announced at this time are based on world crude oil prices for the month
of June. Wholesalers
have been authorized to increase the prices of all products
contained in their dealer and posted consumer schedules by the following
cents per litre: Ultramar Ltd. 4.7 cpl, Shell
Canada Products Limited 4.4 cpl,
Imperial Oil Limited 4.7 cpl,
Irving Oil Limited 4.4 cpl,
Petro-Canada 4.8 cpl and
Co-op Atlantic 4.3 cpl.
Irving Oil Limited
received approval to increase its current propane prices by 2.2 cpl and
Superior Propane Inc. by 1.6
cpl based on increased product acquisition costs.
pricing adjustments become effective at 12:01 a.m. on Tuesday, 1 August
pump prices and posted consumer prices of furnace fuel resulting from
these approvals will be published shortly.
here for published prices effective 1 August 2000.
Contact: Harry MacDonald