The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Saturday, October 1, 2011:
• Gasoline prices will decrease by 3.0 cents per litre (cpl);
• There will be no change in the price of diesel, furnace or stove oil; and
• Propane prices will increase by 1.4 cpl for Superior Propane, by 3.6 cpl for Kenmac Energy Inc. and by 1.9 cpl for Irving Energy Distribution and Marketing.
Including adjustments for taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 117.5 cpl to 119.6 cpl.
The Commission's next scheduled price adjustment will be on October 15, 2011.