Island, July 31, 2003 � The
Island Regulatory and Appeals Commission announced today that
wholesalers have been authorized to increase the prices in their dealer
and consumer schedules by 2.1 cents per litre (cpl) on gasoline, 1.3 cpl
on diesel and 1.2 cpl on furnace and stove oil. Effective August
1, 2003 the average maximum pump price of regular unleaded gasoline at
self-serve outlets will be 72.1 cpl.
Irving Oil Limited received approval to decrease, by 1.3 cpl,
and Superior Propane Inc. received approval to decrease, by 1.5 cpl, all
propane prices contained in their respective propane pricing schedules
based on decreased product acquisition costs.
pricing adjustments become effective at 12:01 a.m. on Friday, August 1,
here for published prices effective August 1, 2003