Tuesday, April 21, 2009

Focus is off heating oils
Summer driving season may be a bust to oil companies

Hi to all...

Just a quickie update not to expect any big changes to pricing this week.
Here's what I have so far, with one more day's data to go.
*Gasoline measures up by 2/10ths of a cent on a litre.
*Stove oil shows down by 1.18 cents a litre which is also indicative of where heating oil will be going. Seems that the focus is off heating oils and we're probably going to start to see some steady declines here with the end of the heating season.
*Diesel also shows down by 1.2 cents a litre.

An update to my blog and a release with the final numbers will be available to all media this evening sometime after the end of today's market trading.

Regards,

George Murphy
Group researcher/Member
Consumer Group for Fair Gas Prices

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