Saturday, December 06, 2008

Interruption to pricing now likely
UPDATE: Looks like all fuels regulated under the guides of the Petroleum Pricing Office will face interruption this week coming. Here's a breakdown of what's likely to occur this Thursday.
You might want to spread the word on this one as the numbers are substantial here:
  • Heating/stove oils show 8.0 cents a litre down so far.
  • Gasoline shows 8.1 cents a litre down.
  • Diesel shows almost 9.0 cents a litre down.

With two more days of information to come, I don't expect the numbers to change too greatly but, be warned that anything could happen out there in the markets and the data could change. They may even be greater than what I have here now.

Regards,

George

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