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Monday, August 15, 2011

Market recovery hits refined commodities

No doubt about it now, but the recovery of the markets from last week's tilt are going to come back on consumers again.

Here's what I have so far, six days out of seven reporting:
  • Heating and stove oils are up by 61/100ths of a cent.
  • Diesel is up by 6/10ths and,...
  • Gasoline shows an added 2.7 cents a litre upwards.
I was so looking forward to some stability when the markets drew back last week, but I guess such is not the case.

A drop in the Canuck Buck against the US dollar didn't help the situation.

I'll be back tomorrow night with the final numbers.

George

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