- Stove oils show an allowable .31 cents a litre increase from the current price. In other words, just slightly up about 3/10ths of a cent. That may be pointing the way of heating oils.
- Diesel shows an allowable of .47 cents a litre, just a little less than a half cent a litre up at the pumps.
- Gasoline shows an allowable increase of 3.61 plus taxes, a rough 4.1 cents a litre at the pumps. The interrupter formula works whenever there is a four cent a litre disparity in prices (before taxes). My allowable margin for error calls for a difference of 3/10ths of a cent when I take a measurement.In other words, I'm about a tenth of a cent out from what could happen.
There's a small difference here that I can't account for in the numbers. I really don't know what the PUB has in the numbers but, I do know two things: that there was an awful lot of turmoil at the start of this session that MAY have been picked up by the board and not by myself. I can't say that there is not going to be an increase in gasoline pricing this Thursday, but, then again, I really can't say that there will be either. Secondly, the drop in the dollar has cost the consumer almost two cents a litre (taxes in) when compared to last Wednesday's spot price on the markets. In turn, the Canadian dollar has lost almost four cents against the US dollar this past week.
I think I'll be filling up on Wednesday night just in case...
Hope this helps?
Regards,
George
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