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Thursday, September 24, 2009

Early interruption coming?

First off...

This morning I got the emailer from this site with the predicted drops in pricing to come for Thursday...

Problem is, I never got it until today, a day later than the usual.

I'm guessing that it has to do with the service itself. Fact is, is that I did make that posting on Tuesday night, a full two days ahead of the auto emailer delivery.

I wonder when you'll get this one?

Anyway, just a short note here...

With oil dropping below $67 US a barrel today, I fully expect that when I get home from work later tonight, that I will find that gasoline prices on the New York mercantile exchange will have dropped so much so, that they would have entered into interruption territory. Wednesday's numbers put the average down by 3.2 cents a litre plus taxes but we need a four cent a litre average between Wednesday and Tuesday of next week.

In other words, go light on the gold stuff as we're probably going to see prices below a buck a litre this time next week...IF...the downwards trend in oil continues into Tuesday.

Look for another posting on that topic on Tuesday night if the numbers are there for it!

You might want to pass the word along as well....

Regards,

George

Update #1

It's Saturday morning and I'm fresh in the door.

Just checked the latest numbers and they now show a drop of 4.24 cents a litre, not including taxes for gasoline. That puts it in the range needed for interruption.
It's all now going to come down to the next two business days.
Unbelievable, but Thursday morning may very well find us below a buck a litre again!

I'll keep you all updated!

George

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