Island, October 31, 2004 �
Record high international oil prices
continue to impact on the Island�s petroleum market.
Regulatory and Appeals Commission announced today that wholesalers have
been authorized to increase the prices in their dealer and consumer
schedules by 3.7 cents per litre (cpl) on gasoline, 5.2 cpl on diesel
and 5.0 cpl on furnace and stove oil. Effective November 1, 2004 the
average maximum pump price of regular unleaded gasoline at self-serve
outlets will be 92.7 cpl.
In addition, Irving Oil
Limited received approval to increase, by 1.9 cpl, and Superior Propane
Inc. received approval to increase, by 2.2 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 Monday, November 1, 2004.
here for published prices effective November 1, 2004