Island, September 28, 2001 � The Island Regulatory and Appeals Commission announced today
that applications for crude oil cost-related increases have been
approved by the Commission. The changes announced at this time are
based on world crude oil prices for the month of August.
Wholesalers have been authorized to increase the prices of all products
contained in their dealer and posted consumer schedules as follows: Ultramar Ltd.
by 1.5 cpl (cents per litre), Shell Canada Products Limited by
0.9 cpl, Imperial Oil Limited by 1.4 cpl, Irving Oil
Limited by 1.4 cpl, Petro-Canada by 1.3 cpl and
Co-op Atlantic by 0.9 cpl.
Oil Limited received approval to increase by 1.3 cpl, and Superior
Propane Inc. received approval to increase by 1.3 cpl, all
propane prices contained in
their respective propane pricing schedules based on increased product
pricing adjustments become effective at 12:01 a.m. on Monday, October 1,
here for published prices effective October 1, 2001
Contact: Harry MacDonald