The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Sunday, May 1, 2011:
• Gasoline prices will increase by 2.5 cents per litre (cpl);
• Diesel prices will decrease by 1.2 cpl;
• There will no change in the price of either furnace oil or stove oil; and
• Propane prices will decrease by 2.9 cpl for Superior Propane and by 2.6 cpl for Irving Energy Distribution and Marketing. There will be no change in propane prices for Kenmac Energy Inc.
Including adjustments for taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 128.6 cpl to 130.7 cpl.
The Commission's next scheduled price adjustment will be on May 15, 2011.