Order No. P.920110-3
IN THE MATTER of the Petroleum Products Act, Stats. P.E.I. 1990, Cap 43;
- and -
IN THE MATTER of an application filed under Section 32 of the Petroleum Products Act, supra, by SHELL CANADA PRODUCTS LIMITED for increases in its prices of petroleum products based on increased crude oil costs.
Friday, the 10th day of January, A.D., 1992
BEFORE
Linda Webber, Chairman
John Blakney, Vice-Chairman
Decision and Order
By an application dated 18 December 1991, Shell Canada Products Limited applied for upward revisions in the prices of all products contained in its dealer and posted consumer tank truck pricing schedules.The Applicant as well filed supporting documentary evidence with its application, which application was amended on 9 January 1992 with the submission of proposed prices concerning mid-grade product.
In its application, Shell sought a price increase of 1.4 cents per litre on all products, based solely on increased crude oil-related costs. This application was not filed in accordance with the direction given by the Public Utilities Commission in its Decision and Order No. P.910515 in that it was received two days after the filing date provided for in that Order.Although this application was not the subject of a press release, no inquiries were made with respect to a similar application by a competitor which was announced publicly, nor were any submissions filed with respect to its application by members of the public or other interested parties. It is therefore concluded that this would also be the case had an announcement been made concerning this application.
Having considered the application and the submissions filed, the Commission finds that the information available and the evidence provided supports the requested increase, and such increase is therefore approved effective 12:01 a.m. on Wednesday, 15 January 1992.
THEREFORE THE COMMISSION ORDERS AS FOLLOWS:
1. THAT the following wholesale tank truck prices are to be charged dealers in Prince Edward Island supplied by Shell Canada Products Limited, effective 12:01 a.m. on 15 January 1992:
PRODUCT
CENTS PER LITRE
(INCLUDING Federal Excise
and Provincial Taxes)Regular Unleaded Gasoline
53.2
Mid-Grade Unleaded Gasoline
54.3
Premium Unleaded Gasoline
55.5
Diesel Fuel
48.7
2. THAT the above prices, with seven per cent G.S.T. added, shall be indicated on all documents accompanying deliveries of these products to said dealers.
3. THAT the following wholesale posted consumer tank truck prices (which prices do not include Provincial tax or seven percent G.S.T.) shall be in effect in the Province of Prince Edward Island for the wholesaler Shell Canada Products Limited, effective 12:01 a.m. on 15 January 1992:
PRODUCT
CENTS PER LITRE
(INCLUDING
Federal Excise Taxes)Regular Unleaded Gasoline
44.04
Mid-Grade Unleaded Gasoline
44.54
Premium Unleaded Gasoline
45.05
Diesel Fuel
37.39
Stove Oil
36.10
Furnace Oil
34.80
4. THAT the prices quoted in this Order, with adjustments resulting from tax changes only, shall remain in effect until otherwise ordered by the Commission or decreased in accordance with Section 33.1 of the Petroleum Products Act.
DATED at Charlottetown this 10th day of January, A.D., 1992.
BY THE COMMISSION:
Chairman
Vice-Chairman