If you're a Heating, stove oil or Diesel fuel user and you subscribe to this blog, you might appreciate this one. I figured that I would give all notice of a good retreat in prices so you can call the shot on your delivery this week! This is the notice I posted to my Facebook page:
Six days out of seven and here's your update from the markets so far. One day to go...
Remember last week I was telling all that we should start to see some
steep discounting to the distillate fuels, that they should be returning
back to the start of the run-up in pricing?
Looks to be true...
So far, here's what I have...
Heating and stove oils are pointing to a drop by 7.03 cents a litre for Thursday.
Diesel shows a drop of 9.9 cents a litre at the pumps, and...
Gasoline shows just a two cent a litre drop.
Remember that we're still going to be affected by the winter blending
mix, so Heating and Diesel numbers may be off slightly. Gas as well
wasn't hit too hard by the run-up in prices, but was still affected.
That's why it isn't down as much as the distillate fuels, so, if you
hang off for a couple of more days, you'll save a small fortune at the
heating and Diesel levels...
Pass this on and give all a heads up on this one. I'll be back tomorrow night with the final numbers.