Government Services December 4, 2008 The following is being distributed at the request of the Public Utilities Board�s Petroleum Pricing Office (PPO): Maximum Fuel Prices Continue Downward Movement Effective 12:01 a.m., Thursday, December 4, the Public Utilities Board lowered all maximum fuel prices in the province, as per its scheduled biweekly pricing adjustment. Maximum prices decreased as follows, except in regions currently under a price freeze: Maximum gasoline prices are now at a nearly four-year low, while the maximum price for furnace oil is comparable to that of one year ago. With today�s adjustment, maximum gasoline prices in this province are 2.9 cpl above the national ex-tax average, according to a national weekly survey (//www.mjervin.com/WPPS_Public.htm) published December 2, 2008. Falling commodity prices have been primarily linked to the curb in global demand, as well as a rebound in refined fuel products inventories as a result. - 30 - 1.
Automotive
Fuels - Maximum Retail Pump Prices - December 4, 2008 Media contact: 2008 12 04
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