Island, July 31, 2004 —
Regulatory and Appeals Commission announced today that wholesalers have
been authorized to adjust petroleum prices in their dealer and consumer
schedules as follows: a decrease of 1.0 cents per litre (cpl) on
gasoline, an increase of 1.2 cpl on diesel and an increase of 1.1 cpl on
furnace and stove oil. Effective August 1, 2004 the average
maximum pump price of regular unleaded gasoline at self-serve outlets
will be 88.7 cpl.
In addition, Irving Oil
Limited received approval to increase, by 0.5 cpl, and Superior Propane
Inc. received approval to increase, by 0.4 cpl, all propane prices
contained in their respective propane pricing schedules based on
increases in product acquisition costs.
adjustments become effective at 12:01 a.m. on Sunday, August 1, 2004.
here for published prices effective August 1, 2004