PETROLEUM PRICING

Charlottetown, Prince Edward Island, December 15, 2011 — The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Thursday, December 15, 2011:

• Gasoline prices will increase by 1.0 cent per litre (cpl);
• Diesel prices will decrease by 3.5 cpl;
• Furnace and stove oil prices will decrease by 3.5 cpl and;
• There will be no change in propane prices at this time.

Including adjustments for taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 115.9 cpl to 118.0 cpl.

The Commission's next scheduled price adjustment will be on January 1, 2012.

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Click here for published prices effective December 15, 2011