June 24, 1996 The Island Regulatory and Appeals Commission announced today that approval has been granted to Petro-Canada to reduce the prices of low sulphur diesel and all grades of gasoline sold under its dealer tank truck pricing schedule by 1.1 cent per litre, effective 12:01 a.m. on Sunday, 23 June 1996. Market conditions was the reason given for this request to decrease these prices. For more information contact: H. Doris Pursey, (902) 892-3501 Media Contact: