PETROLEUM PRICING

Charlottetown, Prince Edward Island, November 1, 2011 — The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Tuesday, November 1, 2011:

• Gasoline prices will decrease by 4.0 cents per litre (cpl);
• There will be no change in the price of diesel, furnace or stove oil; and
• Propane prices will increase by 0.7 cpl for Superior Propane, by 0.8 cpl for Irving Energy Distribution and Marketing and there will no change in pricing for Kenmac Energy Inc.

Including adjustments for taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 117.5 cpl to 119.6 cpl.

The Commission's next scheduled price adjustment will be on November 15, 2011.

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Click here for published prices effective November 1, 2011