Don't look now, but...

If the latest numbers are any indicator, the price of home heating oil will most likely take its largest single summertime jump that I have ever recorded...

What does that mean?

In all likelihood, prices for heating and stove oils will take a jump up to the highest yet recorded for the immediate St. John's area to $1.29 a litre for the necessity. In other words, the Petroleum Pricing Office will have to use its interruption formula to adjust pricing.

Not saying it's going to be a definite here but, hey...Be warned...There's a strong possibility...

Blame this one on the speculators again...

Regards,

George