Gas and Oil

Posted by Abel on Wednesday, December 30, 2009

Gas and Oil

Posted: 29 Dec 2009 10:37 PM PST

Numbers show a hike in prices for Thursday

Here's what I have for Thursday price changes this week:

  • Heating and stove oils show an increase of 1.66 cents a litre. Remember that the heating oil numbers are thrown off a little because of the use of jet fuel in the winter mix.
  • Diesel shows a 1.4 cent a litre increase on the way, and...
  • Gasoline shows an increase of 1.3 cents a litre upwards.

Just a few factors of note these last two weeks:

  • A drop in refiner capacity down to 80% from the previous weeks 81%.
  • A drop in inventories of distillates that includes diesel and all heating fuels. Crude oil and gasolines also showed substantial draws against inventories.
  • The Canadian dollar has gained almost two cents against the US greenback, partially insulating consumers from a more substantial increase in prices.

That's it from me!

Regards and Happy New Year!

George Murphy

comments (0)

Gas and Oil

Posted by Abel on Tuesday, December 29, 2009

Gas and Oil

Posted: 29 Dec 2009 10:26 AM PST

Numbers are up a little

Here's what I have, leading into the New Years break in the markets:

There will be some slight increases in prices this coming Thursday and they should be a little stronger than what I have here as my numbers are based on thirteen days of data rather than the fourteen needed.

  • Heating and stove oils show a 1.48 cent a litre increase.
  • Diesel shows a 1.2 cent a litre increase, and...
  • Gasoline shows a 1.2 cent a litre increase.

I'll be posting more here in an official release late tonight or early tomorrow morning, with the final numbers we'll see for the week's price changes.

Regards,

George

comments (0)

Gas and Oil

Posted by Abel on Tuesday, December 22, 2009

Gas and Oil

Posted: 22 Dec 2009 11:22 AM PST

No movement in prices

Just in case you may have been wondering, the increases in prices are averaging in the tenths of cents since oil started creeping up again.

That's not enough to warrant any use of the interrupter formula...

I'll be posting here sometime next Tuesday night with numbers for the scheduled price change for Thursday.

Have a good Christmas on that news!

Regards,

George

comments (0)

Subscribe to: Posts (Atom)