Hi to all...
Just figured that I'd send you al a little notice on this one.
With another one of those meteoric rises to oil pricing underway, from the loks of it, the people of Nova Scotia and New Brunswick will be taking the first hit as early as the morning of the 30th.
If the trend keeps up for the next couple of days, Newfoundland and Labrador will be taking the next one...
According to my numbers, there is some slight upwards movement on stove oils and an almost 2 cent a litre (plus taxes) movement on gasoline.
That means we're sure to see another price hike over the $1.00 a litre mark again.
Another draw on all the important fuel groups is telling me we just aren't getting that conservation message out there and simply, WE'RE PIGS BEHIND THE WHEEL.
Here's what I have with heating/stove at 49.08/Litre as of the last adjustment and gasoline at 47.78/Litre...
While the heating number might have averaged lower than my previous fix the last couple of days, heating oil and crude traded higher the last two sessions and continues to trade up. With cold weather forcast in the United States, the motivator of pricing is upwards, so be warned!
BOTH GASOLINE AND HEATING/STOVE OILS ARE SHOWING UPWARDS!
Mind you, with heating oil in big demand now, t'is not just the season for to be jolly, we're also a little more merry with turning up the thermostat when it gets a little cold like this too. Can't say I blame you myself for the rise in heating oils with the cold seeping in as it did but, gasoline?... C'mon people... we can do better than what we've been doing can't we?
All we need now is to see OPEC turn back the spigots and we're in big trouble!
Keep an eye out here for the latest release that I'll be posting sometime next Tuesday or Wednesday. I'll have a clearer picture then what's going to happen but, I'd be hitting the pumps Wednesday night coming.
Regards for now!