PETROLEUM PRICING

Charlottetown, Prince Edward Island, February 15, 2013 — The Island Regulatory and Appeals Commission approved the following petroleum pricing decisions, effective 12:01 a.m., Friday, February 15, 2013:

• Gasoline prices will increase by 1.0 cent per litre (cpl);
• Furnace and stove oil prices will increase by 4.1 cpl;
• Diesel prices will increase by 4.1 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 128.3 cpl to 129.4 cpl.

The maximum price for furnace oil will now amount to 114.4 cpl plus GST.

Increases in the wholesale price of all petroleum products over the past two weeks now necessitate the petroleum price adjustment outlined above.

The Commission's next scheduled price adjustment will be on March 1, 2013.

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