The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Tuesday, September 15, 2009:
• Gasoline prices will decrease by 4.0 cents per litre (cpl);
• Furnace and stove oil prices will decrease by 4.5 cpl;
• Diesel prices will decrease by 5.0 cpl; and
• There will be no change in propane prices at this time.
Pump prices for regular unleaded gasoline at self-serve outlets will now range from 95.7 cpl to 97.8 cpl.
Significant decreases in the wholesale market prices for refined products observed over the past two weeks allows the price adjustments announced today.
The Commission's next scheduled price adjustment will be on October 1, 2009.