The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Tuesday, May 15, 2012:
• Gasoline prices will increase by 1.2 cents per litre (cpl); and
• There will be no change in furnace oil, stove oil, diesel or propane prices at this time.
Including adjustments for taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 124.6 cpl to 125.7 cpl.
The Commission's next scheduled price adjustment will be on June 1, 2012.