The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Monday, November 1, 2010:
• Gasoline prices will decrease by 1.5 cents per litre (cpl);
• There will be no change in furnace and stove oil prices;
• Diesel prices will decrease by 1.0 cpl; and
• Propane prices will increase by 3.2 cpl for Superior Propane, by 3.2 cpl for Irving Energy Distribution and Marketing and by 3.7 cpl for Kenmac Energy Inc.
Including adjustments for taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 101.0 cpl to 103.1 cpl.
The Commission's next scheduled price adjustment will be on November 15, 2010.