Petroleum Price Reductions - Petro-Canada

The Island Regulatory and Appeals Commission announced today that approval has been granted to Petro-Canada 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 Thursday, 17 September 1998.

Petro-Canada cited local market conditions as the reason for the application to reduce these prices.

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

Media Contact: Island Information Service