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Commissioner Gets Results
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June 1, 2001
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{Author: eBerg Staff}
The Commissioner of the Petroleum Products Pricing Commission, George Saunders, made an important announcement this week. He stated that maximum pricing is in effect across Newfoundland for gasoline, automotive diesel and automotive propane.
The proclamation of the Petroleum Products Act on May 30, 2001 makes any rise in, or adjustment of the maximum price of gasoline, automotive diesel or automotive propane possible only by approval from the commissioner. All oil companies are currently receiving formal notification of the recent Act.
Companies do still reserve the right to lower prices to benefit the company, however Saunders stated that, "Consumers can now be confident that the price of gasoline will only rise if the oil companies can justify an increase in price to consumers."
An office in Grand Falls-Windsor is currently being set up, and is where the Commissioner and his staff will reside. A toll-free number will be set up within a few weeks, and the office expects to be open by the first week in July.
This is great news for Newfoundlanders, who have witnessed great rises in gas prices over recent years. Some are beginning to feel direct repercussions already. Motorists in St. John's should have noticed a change this week as many service stations have dropped the price of gas by two cents a litre (86.9 to 84.9).
Contact information for the commission:
Petroleum Products Pricing Commission
P.O. Box 189
Grand Falls-Windsor, NF
A2A 1C6
Tel: (709) 489-8877
Fax: (709) 489-8879
Media contact: George Saunders, Commissioner,
(709) 486-9000. |  |
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