Petroleum Price Reductions - Irving Oil Limited

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 0.1 cent per litre. The lower prices become effective at 12:01 a.m. on Saturday, 12 September 1998.

Irving cited local market conditions as the reason for the application to reduce these prices.

For more information contact: H. Doris Pursey at (902) 892-3501

Media Contact: Island Information Service