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Tuesday, October 26, 2010

Hi to all...
Sorry I'm posting late this week. Tell the truth. You all thought I bailed, right?

George

Numbers show gasoline to drop Thursday

Media release


Conception Bay South, NL, October 26, 2010- Consumers get to see another drop in gasoline prices this coming Thursday. That’s according to George Murphy of the Consumer Group for Fair Gas Prices.

“Numbers show moderate increases to distillate prices but gasoline shows a drop. I expect heating and stove oils to increase by 64/100ths of a cent per litre, while diesel shows an added 9/10ths up. That’s been the trend with distillate as we get closer to the winter heating and Christmas shopping seasons.

“Gasoline is a little better as that fuel shows a drop of 1.3 cents a litre on the way, the second drop in two weeks. While all the numbers are not substantial, they do reflect the fluctuations in crude oil pricing the past week or so. I still expect to see oil pricing to hold close to where it is now, and for fuel prices to remain so as well, at least for the interim.

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For more information, contact;

George Murphy
Group researcher/Member

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