Government Services October 16, 2008 The following is being distributed at the request of the Public Utilities Board�s Petroleum Pricing Office (PPO): Downward Interruption on All Fuel Products Effective 12:01 a.m. Thursday, October 16, 2008, the Public Utilities Board used the interruption formula to decrease the maximum prices of all regulated fuels. Maximum prices decreased as follows: The decrease in commodity prices continued this past week with lowered forecasts of world demand growth offsetting the supply concerns that are often associated with seasonal demand pressures. Fuel inventories are up as a result of declining demand despite low refining capacity. Maximum gasoline and heating oil prices in the province are now at January 2008 levels. - 30 - 1. Automotive Fuels � Maximum Retail Pump Prices �
Effective October 16, 2008 Media contact: Michelle Hicks 2008 10 16 10:00 a.m. |
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