Island, January 31, 2005 —
Regulatory and Appeals Commission announced today that wholesalers have
been authorized to increase all gasoline prices in their dealer and
consumer schedules by 2.5 cents per litre (cpl). Effective
1, 2005, the average maximum pump price of regular unleaded gasoline at
self-serve outlets will be 84.2 cpl.
The Commission also announced
that wholesalers have been authorized to decrease the prices of diesel
fuel in their dealer and consumer schedules by 1.0 cpl, and that the approved prices for the month of January for furnace fuel
and stove oil will continue in effect for the month of February, 2005.
addition, Irving Oil Limited received approval to decrease, by 1.4 cpl,
and Superior Propane Inc. received approval to decrease, by 0.8
cpl, all propane prices contained in their respective propane pricing
schedules based on decreases in product acquisition costs.
pricing adjustments become effective at 12:01 a.m. on Tuesday, February
here for published prices effective February 1, 2005