Petroleum Pricing

The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Monday, June 15, 2009:

• Gasoline prices will increase by 1.0 cent per litre (cpl);

• Furnace and stove oil prices will increase by 1.0 cpl;

• Diesel prices will increase by 1.0 cpl;

• There will be no change in propane prices at this time.

Including taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 101.4 cpl to 103.5 cpl.

The Commission's next scheduled price adjustment will be on July 1, 2009.

Media Contact: Allison MacEwen