Order No. P.951121-1

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

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IN THE MATTER of an application filed under Section 32 of the Petroleum Products Act, supra, by ULTRAMAR CANADA INC. for decreases in the prices contained in its dealer tank truck pricing schedule, due to market conditions.

Tuesday, the 21st day of November, A.D., 1995

BEFORE

Linda Webber, Chairman
John L. Blakney, Vice-Chairman


Decision and Order


PURSUANT to the Commission's Decision and Order No. P.951107-1, Mr. Guy Picard, Manager, Corporate Planning for Ultramar Canada Inc., filed with the Commission this date an application under Section 32 of the Petroleum Products Act requesting approval for a 1.0 cent per litre decrease in the price of regular unleaded gasoline, a 0.9 cent per litre decrease in the prices of both mid-grade and premium gasolines, and a decrease of 0.8 cent per litre in the price of low sulphur diesel fuel contained in its dealer tank truck pricing schedule, due to market conditions.

AND WHEREAS the Commission, after consideration, approved the application to decrease all prices contained in Ultramar’s dealer tank truck pricing schedule, effective 12:01 a.m. on 23 November 1995, in accordance with the Order which follows.

THE COMMISSION THEREFORE ORDERS AS FOLLOWS:

1. THAT the following wholesale tank truck prices are to be charged dealers in Prince Edward Island supplied by Ultramar Canada Inc. effective 12:01 a.m. on Thursday, 23 November 1995:

PRODUCT

CENTS PER LITRE

(INCLUDING Federal Excise

and Provincial taxes)

Regular unleaded gasoline 48.3
Mid-Grade unleaded gasoline 50.3
Premium unleaded gasoline 52.2
Low Sulphur Diesel 47.3

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 21st day of NOVEMBER, A.D., 1995.

BY THE COMMISSION:

Chairman

Vice-Chairman