Island, March 31, 2005 —
high international oil prices will again impact the Island's petroleum
Regulatory and Appeals Commission announced today that wholesalers have
been authorized to increase the prices in their dealer and
consumer schedules by 4.3 cents per litre (cpl) on gasoline, and by 3.1
cpl on diesel,
furnace and stove oil. Effective
1, 2005, the average maximum pump price of regular unleaded gasoline at
self-serve outlets will be 91.9 cpl.
addition, Irving Oil Limited received approval to increase, by 1.9 cpl,
and Superior Propane Inc. received approval to increase, by 2.7
cpl, all propane prices contained in their respective propane pricing
schedules based on increases in product acquisition costs.
pricing adjustments become effective at 12:01 a.m. on Friday, April
here for published prices effective April 1, 2005