Order P.921223-2 - Petroleum - Ultramar Canada Inc.

Order No. P.921223-2

IN THE MATTER of the Petroleum Products Act, R.S.P.E.I. 1988, Cap P-5.1

- and -

IN THE MATTER of an application filed under Section 32 of the Petroleum Products Act, supra, by ULTRAMAR CANADA INC. for a decrease of 2.2 cents per litre in the prices of all grades of gasoline contained in its dealer tank truck pricing schedule, due to market conditions.

Wednesday, the 23rd day of December, A.D., 1992

BEFORE

John Blakney, Vice-Chairman
James Nicholson, Commissioner

Decision and Order

WHEREAS on 23 December 1992, Mr. James Darnbrough, Motorist Representative for Ultramar-Canada Inc., filed with the Commission an application under Section 32 of the Petroleum Products Act requesting approval for a decrease of 2.2 cents per litre in the prices of all grades of gasoline contained in its dealer tank truck pricing schedules. The reasons given for the filing of this application were to provide Ultramar-Canada Inc. with the opportunity to conduct business at the retail level on a competitive basis throughout Prince Edward Island.

AND WHEREAS the Commission reviewed this application and information relating to local and regional pricing at its meeting of 23 December 1992;

AND WHEREAS the Commission, after consideration, approved the application to decrease the prices of all grades of gasoline contained in Ultramar's dealer tank truck pricing schedule; effective 12:01 a.m. on 24 December 1992, in accordance with the Order which follows:

THE COMMISSION THEREFORE ORDERS AS FOLLOWS:

1. THAT the following wholesale tank truck prices of gasoline are to be charged dealers in Prince Edward Island supplied by Ultramar Canada Inc. effective 12:01 a.m. on Thursday, 24 December 1992:

PRODUCT
CENTS PER LITRE
(INCLUDING Federal Excise
and Provincial taxes)

Regular unleaded gasoline 49.4

Mid-Grade unleaded gasoline 50.5

Premium unleaded gasoline 51.6

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 prices quoted in this Order, with adjustments resulting from tax changes only, shall remain in effect until otherwise ordered by the Commission.

DATED at CHARLOTTETOWN this 23rd day of DECEMBER, A.D., 1992.

BY THE COMMISSION:

Vice-Chairman

Commissioner