Island, April 30, 2001 � The
for crude and non-crude oil cost-related increases have been approved by the
The changes announced at this time are based on world crude oil
prices for the month of March and non-crude issues.
Wholesalers have been authorized an increase in the prices of all
products contained in their dealer pricing schedule by 2.0 cents per
litre. In the consumer schedule, gasoline prices will increase by
2.0 cpl, and diesel, stove oil and furnace oil will decrease by 1.0 cpl
from their current prices.
Oil Limited received approval to decrease by 6.4 cpl and Superior
Propane Inc. receive approval to decrease by 8.5 cpl all propane prices
contained in their propane pricing schedules based
on decreased product acquisition costs. Irving's delivered price
on portable cylinders increased by 4.5 cpl to cover increased
pricing adjustments become effective at 12:01 a.m. on Tuesday, May 1, 2001.
pump prices and posted consumer prices of furnace fuel resulting from
these approvals will be published shortly.
here for published prices effective May 1, 2001
Contact: Harry MacDonald