Order No. P.951122-2

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 SHELL CANADA PRODUCTS LIMITED for decreases of 1.2 cent per litre in the prices of all grades of gasoline contained in its dealer tank truck pricing schedule, due to market conditions.

Wednesday, the 22nd 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.951107-2 authorizing decreases based on crude oil related costs, Mr. Norman Bryenton, Territory Manager for Shell Canada Products Limited, filed with the Commission this date an application under Section 32 of the Petroleum Products Act requesting approval for decreases in the prices of all grades of gasoline contained in its dealer tank truck pricing schedule of 1.2 cents per litre. The reason given for this application was cited as being due to market conditions.

The Commission gave consideration to this application and information relating to local pricing at its meeting of 22 November 1995.

Following this consideration, the Commission approved the application as submitted, effective 12:01 a.m. on 25 November 1995, in accordance with the attached Order.

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 Shell Canada Products Limited effective 12:01 a.m. on 25 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 48.5 (No change)

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 22nd day of NOVEMBER, A.D., 1995.

BY THE COMMISSION:

Chairman

Vice-Chairman