A quick note...

Here's a short synopsis on what I have in the numbers so far.

With the price of oil skyrocketting from $42.33 March 11th to today's close of $$53.00 even, you would figure that the numbers would be more substantial than what they are, but they're not.

There is a bit of a twist here though.

The last two days of this pricing period shows the meteoric rise in spot prices that, if the numbers keep up to where they are right now, won't result in a huge increase in prices this week, we could get the bigger ding next week.

I'm taking a guess here, and keep in mind that next weeks data hasn't happened yet, but from the looks of things and the way the next week is shaping up, there is an interruption scenario taking place that could see an average increase in gasoline prices of a rough four cents a litre.

Heating/stove oils could see an added five cents and diesel by five as well. Again, that's if the numbers hold up for the next week. If it happens, I'll be posting here again before next Tuesday hits.

In the meantime, heating/stove oils show an increase of 1.48 cents a litre, gasoline showsa little over a half cent up and diesels are showing up by 1.6 cents a litre with one more day of data to get (13 days out of 14 days on hand now).

I'll have the final numbers for you all tomorrow evening!

Regards,

George