Gas drops al­most eight cents

Journal Pioneer - - THE ISLAND -

Gas prices de­creased by al­most eight cents a litre overnight Thurs­day as the Island Reg­u­la­tory and Ap­peals Com­mis­sion an­nounced its mid­month price ad­just­ments for pe­tro­leum prod­ucts.

Gas prices are now be­tween 111.8 to 112.9 cents per litre for reg­u­lar, un­leaded fuel at self­serve out­lets. The price dropped by 7.7 cents per litre just af­ter mid­night. There was no change an­nounced for the price of fur­nace oil, stove oil or diesel. The com­mis­sion at­tributes the drop to “sig­nif­i­cant de­creases” in the whole­sale price of gaso­line. It raised the price of gas by four cents for its reg­u­larly sched­uled ad­just­ment Sept. 1, and a week later fol­lowed it by an un­sched­uled change for a fur­ther eight-cent in­crease.

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