September 15, 2000 The Island Regulatory and Appeals Commission announced today that approval has been granted to Petro-Canada to reduce its posted consumer tank truck prices of both grades of diesel by 0.2 cent per litre, its stove oil by 0.3 cpl and its furnace fuel by 0.4 cpl. The lower prices become effective at 12:01 a.m. on Saturday, 16 September 2000. No reductions were requested with respect to dealer prices. Petro-Canada cited local market conditions as the reason for the application to reduce these prices. For more information contact: H. Doris Pursey (902)892-3501.Media Contact: Island Information Service