Order No. P.960322-1
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 IRVING OIL LIMITED for a decrease of 0.5 cent per litre in the prices of all grades of gasoline contained in its dealer tank truck pricing schedule, due to market conditions.
Friday, the 22nd day of March, A.D., 1996
BEFORE
Linda Webber, Chairman
John L. Blakney, Vice-Chairman
Decision and Order
WHEREAS on 21 March 1996, the Commission received from Mr. Kory Arthur of Irving Oil Limited an application under Section 32 of the Petroleum Products Act requesting approval for a decrease of 0.5 cent per litre in the prices of all gasoline products contained in its dealer tank truck pricing schedule, due to market conditions;.
AND WHEREAS this application contained discrepancies relative to the prices cited, the effective date sought, and the reason for making the application;
AND WHEREAS these discrepancies were brought to the attention of the Applicant, who then filed amendments to the application;
AND WHEREAS the Commission, after consideration, approved the application to decrease all gasoline prices contained in Irving's dealer tank truck pricing schedule by 0.5 cent per litre, effective 12:01 a.m. on 25 March 1996, 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 Irving Oil Limited effective 12:01 a.m. on Monday, 25 March 1996:
PRODUCT
CENTS PER LITRE (INCLUDING Federal Excise
and Provincial taxes)
Regular unleaded gasoline 50.5 Mid-Grade unleaded gasoline 52.5 Premium unleaded gasoline 54.4 Low Sulphur Diesel 50.1 (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 MARCH, A.D., 1996.
BY THE COMMISSION:
Chairman
Vice-Chairman