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Wednesday, April 30, 2014

Price changes for Thursday, May 1st, 2014

Sorry I'm late, but work had to come first and foremost...

Disappointing news from the markets today. As a matter of fact, all week.

Here's what I have for this week's price changes:

Heating oil shows a drop of just 39/100ths of a cent a litre.
Diesel shows just a drop of 7/10ths of a cent a litre.
Gasoline: Down just 1/10th of a cent on a litre.

Sickening to see no change. Wednesday's inventory report, if it shows any increase in gasoline supply, may start to move prices down.
But if they show a draw on inventory, it could move prices the opposite direction. Needless to say, I'll be watching for that inventory report when it comes around.

Hate to disappoint with tonight's news, but at least the numbers don't show any upwards moves.

All the best,

George Murphy
Twitter @GeorgeMurphyMHA 

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