The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Friday, October 23, 2009:
• Gasoline prices will increase by 5.0 cents per litre (cpl);
• Furnace oil and stove oil prices will increase by 4.5 cpl and;
• Diesel prices will increase by 5.0 cpl.
Including taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 98.9 cpl to 101.0 cpl.
Substantial increases in fuel supply prices since October 15th necessitate an unscheduled price adjustment.
The Commission's next scheduled price adjustment will be on November 1, 2009.