June 20, 1996 The Island Regulatory and Appeals Commission announced today that approval has been granted to Imperial Oil Limited to reduce the prices of all grades of gasoline sold under its dealer tank truck pricing schedule by 1.1 cent per litre, effective 12:01 a.m. on Friday 21 June 1996. Market conditions was the reason given for this request to decrease these prices. For additional information, contact H. Doris Pursey, (902) 892-3501. Media Contact: