Petroleum Pricing

The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Wednesday, September 1, 2010:

• There will be no change in the wholesale base prices of gasoline, diesel or furnace and stove oil;

• Propane prices will increase by 1.9 cpl for Superior Propane, by 2.1 cpl for Irving Energy Distribution and Marketing and by 1.3 cpl for Kenmac Energy Inc.

Pump prices for regular unleaded gasoline at self-serve outlets will continue to range from 96.9 cpl to 99.0 cpl. Diesel prices will reflect a provincial tax adjustment of one tenth of a cent per litre.

The Commission's next scheduled price adjustment will be on September 15, 2010.

Media Contact: Allison MacEwen