Petroleum Price Increases - Petro-Canada

The Island Regulatory and Appeals Commission announced today that further to its news release of 25 May 1999, approval has been granted to Petro-Canada to also increase the price of low sulphur diesel sold under its dealer tank truck pricing schedule by 0.3 cent per litre,effective at 12:01 a.m. this date, 26 May 1999.

Petro-Canada made this non-crude related application as a result of costs associated with its Petro-Points loyalty program.

Media Contact: Island Information Service