Island, October 31, 2001 � The Island Regulatory and Appeals Commission announced today
that a decrease of 3.0 cents per litre in all products in petroleum
wholesalers' dealer and consumer pricing schedules has been
authorized. These price changes are based on recent crude-related
pricing applications and market-related conditions.
Propane prices will
remain at current levels as product acquisition costs have only had
minimum changes since prices were last approved.
pricing adjustments become effective at 12:01 a.m. on Thursday, November 1,
here for published prices effective November 1, 2001
Contact: Harry MacDonald