Petroleum Pricing Adjustments

The Island Regulatory and Appeals Commission announced today that wholesalers have been authorized to decrease petroleum prices in their dealer and consumer schedules by 10.0 cents per litre (cpl) on gasoline, by 4.0 cpl on diesel fuel and by 5.0 cpl on furnace and stove oil, effective 12:01 a.m. on Thursday, September 15, 2005.

Pump prices for regular unleaded gasoline at self-serve outlets will range from between 112.8 cents and 114.4 cents per litre.

The Commission will continue to monitor product pricing data and will announce further price changes as and when necessary.

Media Contact: Allison MacEwen