DEALER GASOLINE and DIESEL
PRICE REDUCTION – IRVING


Charlottetown, Prince Edward Island, 27 January 1998 - The Island Regulatory and Appeals Commission announced today that approval has been granted to Irving Oil Limited to reduce the prices of all products sold under its dealer tank truck pricing schedule. The reduction in the price of low sulphur diesel is 2.0 cents per litre and the reduction in the prices of all grades of gasoline is 0.7 cent per litre. The lower prices become effective at 12:01 a.m. on Wednesday, 28 January 1998.

The reason for this application was related to current market conditions.

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For Additional Information
Contact: H. Doris Pursey
(902) 892-3501

Posted on Web: 01/28/98