Island, June 30, 2003 � The
Island Regulatory and Appeals Commission announced today that
approved gasoline prices for the month of June will continue in effect
for the month of July, 2003. Therefore the minimum and maximum
allowable gasoline pump prices will not change from their current
levels, and the average maximum price of regular unleaded gasoline at
self-serve outlets will remain at 69.9 cents per litre (cpl).
Wholesalers have been authorized to decrease the prices of all diesel
products in their dealer and consumer schedules by 0.7 cpl, and to
decrease the prices of furnace fuel and stove oil by 0.6 cpl.
Irving Oil Limited received approval to increase, by 0.9 cpl,
and Superior Propane Inc. received approval to increase, by 0.8 cpl, all
propane prices contained in their respective propane pricing schedules
based on increased product acquisition costs.
pricing adjustments become effective at 12:01 a.m. on Tuesday, July 1,
here for published prices effective July 1, 2003