Follow by Email

Monday, January 31, 2011

Markets play with Egypt and Tunisia unrest

Hi to all...

Just letting everyone know that I have been watching the markets closely with all the turmoil in Egypt and Tunisia.
So far, even though the price of oil hit $90 US a barrel again, it hasn't had a large impact on petroleum prices, even though they are up slightly as a result.

Here's what I have for this regulation period so far:
  • Heating and stove oils are up by 1.2 cents.
  • Diesel is up by one cent a litre, and...
  • Gasoline shows "up" by 3/10ths of a cent.
The next two days will be the measure of what to expect, but so far, the unrest in Egypt and Tunisia hasn't had a lot of effect on refined commodity prices.

Regards for now,

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

No comments: