PETROLEUM PRICING

Charlottetown, Prince Edward Island, October 15, 2012 —  The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Monday, October 15, 2012:

• Gasoline prices will decrease by 4.0 cents per litre (cpl);
• Furnace and stove oil prices will increase by 4.0 cpl;
• Diesel prices will increase by 4.0 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 128.8 cpl to 129.9 cpl.

The maximum price for furnace oil will now amount to 109.3 cpl plus GST.

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

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