Order P.930430 - Petroleum - Ultramar Canada Inc. - Consumer Gas Prices (Apr. 30/93)

Order No. P.930430

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 2.0 cents per litre in its posted consumer tank truck prices of gasoline and a decrease of 0.5 cents per litre in its posted consumer tank truck price of diesel fuel, due to market conditions.

Friday, the 30th day of April, A.D., 1993

BEFORE

Linda Webber, Chairman
John Blakney, Vice-Chairman

Decision and Order

WHEREAS an application dated 28 April 1993 and affidavit signed on 29 April 1993 was submitted to the Commission under Section 32 of the Petroleum Products Act by R. D. Munn, Director - Corporate Planning for Ultramar Canada Inc., requesting approval for a decrease of 2.0 cents per litre in the prices of all gasoline products and a decrease of 0.5 cents per litre in the price of diesel fuel contained in Ultramar's posted consumer tank truck pricing schedule, effective 1 May 1993, due to market conditions;

AND WHEREAS the Commission reviewed this application and supporting information, as well as other information relating to pricing at its meeting of 30 April 1993;

AND WHEREAS the Commission, after consideration, approved the application;

THE COMMISSION THEREFORE ORDERS AS FOLLOWS:

1. THAT the following wholesale posted consumer tank truck prices of gasoline and diesel fuel (which prices do not include Provincial tax or seven per cent G.S.T.) shall be in effect in the Province of Prince Edward Island for the wholesaler Ultramar Canada Inc., effective 12:01 a.m. on 1 May 1993:

PRODUCT
CENTS PER LITRE
(INCLUDING Federal Excise Tax )

Regular unleaded gasoline 41.87

Mid-Grade unleaded gasoline 42.32

Premium unleaded gasoline 42.76

Diesel fuel 36.34

2. 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 30th day of APRIL, A.D., 1993.

BY THE COMMISSION:

Chairman

Vice-Chairman