Wednesday, October 01, 2008

Going...going...
Gone...
While other markets saw a substantial drop in pricing the day before yesterday, the rbound in the markets saw some pricing rise again...
Such was the case with the numbers on this end as well.
From the looks of things, we're going to have to wait another week before we seeanything drop at the pumps. The precipitous drop in the markets didn't last as I thought it would have and gasoline traded upwards again. That was enough to put the kaibash on any decrease we could have seen. Numbers were initially projected to range 4.5 to 5 cent a litre but then yesterdays market numbers changed that to closer to three cents.
That means no drop coming for diesels either and that stinks...
You need four cents before interrupt would happen to pricing...
Oh well...
Hopefully the markets will wake up and crash again before then and we'll see something more substantial for next week...
Regards,
George

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