April 24, 1998 The Island Regulatory and Appeals Commission announced today that approval has been granted to Irving Oil Limited to reduce the prices of all grades of gasoline sold under its dealer tank truck pricing schedule by 1.6 cents per litre. The lower prices become effective at 12:01 a.m. on Saturday, 25 April 1998. The reason given by the Applicant for this request was so that it could be more competitive. Media Contact: Island Information Service