Petroleum Products Pricing Commission
The Petroleum Products Pricing Commission was established in May 2001 through an act of the legislature of Newfoundland and Labrador under the leadership of Premier Roger Grimes. Mr. George Saunders was appointed the Petroleum Products Pricing Commission's(PPPC) first commissioner. The PPPC's offices are located on 18 High Street in Grand Falls-Windsor.
Its mandate was to establish and monitor maximum fuel prices, to enforce the Petroleum Products Act and its regulations, to work on behalf of all stakeholders to ensure fairness in marketing petroleum products in Newfoundland and Labrador, and to meet, inform and educate stakeholders.
The commission establishes maximum fuel prices for all brands of gasoline, home heating fuel, diesel and propane on the 15th of each month. Oil companies can sell below the maximum price, but not above the price as set by the commission. Prices can't be changed until the following month's maximum prices are released. High and low world market prices are averaged on a daily basis.
I know all about the Petroleum Products Pricing Commission because my mom is a secretary there. My sister Lyndsey and I visit her sometimes when she is working.
Stephanie Mills ( 2002-2003 )