Petroleum Price Reductions -- Co-op Atlantic

The Island Regulatory and Appeals Commission announced today that approval has been granted to Co-op Atlantic to reduce the prices of all grades of gasoline sold under its dealer tank truck pricing schedule by 0.2 cent per litre. The lower prices become effective at 12:01 a.m. on Thursday, 4 March, 1999.

Co-op cited local market conditions as the reason for the application to reduce these prices.

Media Contact: Island Information Service