Petroleum Price Reductions - Shell Canada Products Limited

The Island Regulatory and Appeals Commission announced today that approval has been granted to Shell Canada Products Limited to reduce the prices of all products sold under its dealer tank truck pricing schedule by 0.4 cent per litre. The lower prices become effective at 12:01 a.m. on Friday, 11 September 1998.

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

Media Contact: Island Information Service