• Gasoline prices will decrease by 4.5 cents per litre (cpl);

• Diesel prices will decrease by 1.0 cpl;

• Furnace fuel, stove oil and propane prices will remain unchanged.

Including taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 107.8 cpl to 109.4 cpl.

The Commission noted that favourable market conditions for refined products over the past two weeks resulted in a gradual decline in New York Harbour pricing for gasoline and diesel.  However crude prices have actually edged upward over the same period and that combined with a projected rise in fuel demand could negatively impact market direction this summer.

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Click here for published prices effective June 15, 2007