Island, December 14, 2004 —
Declining world oil prices will result in a mid-month price adjustment
for gasoline and diesel fuel.
Regulatory and Appeals Commission announced today that wholesalers have
been authorized to decrease the prices in their dealer and consumer
schedules by 4.0 cents per litre (cpl) on gasoline, 2.0 cpl on diesel
fuel, and 3.0 cpl on furnace and stove oil.
December 15, 2004 the average maximum pump price of regular unleaded
gasoline at self-serve outlets will be 83.1 cpl.
pricing adjustments become effective at 12:01 a.m. on Wednesday,
here for published prices effective December 15, 2004