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PETROLEUM
PRICING ADJUSTMENTS
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Charlottetown,
Prince
Edward
Island, February 28, 2001 — The
Island
Regulatory
and
Appeals
Commission
announced
today that applications for crude oil cost related changes have been
reviewed by the Commission. With only minor fluctuations
having occurred
in the average price of crude oil from December 2000 to January 2001, no
change in the price of all products in the dealer and posted consumer
schedules will occur.
Irving
Oil Limited received approval for a net increase of 14.0 cents per litre
in all propane prices contained in its pricing schedule based on product
acquisition costs and Superior Propane Inc. received approval for a net
increase of 1.8 cpl in all products in its pricing schedule.
Pricing adjustments become effective March 1, 2001.
—30—
Click
here for published prices effective February 3, 2001
For
Additional
Information
Contact: Harry MacDonald
(902)
892-3501
Posted: 01/02/28
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