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Showing posts from November, 2009

Gas and Oil

Gas and Oil Posted: 24 Nov 2009 02:57 PM PST No changes in the numbers this week Just to let everyone know that a boring week in the markets still carries the weight of boredom around it! Not much happening with the numbers. At least we can wait for another week before we see the regular price setting. So far for this period, all numbers were up slightly but no cause for concern as they don't meet the interrupter criteria. Regards, George You are subscribed to email updates from Gas and Oil To stop receiving these emails, you may unsubscribe now . Email delivery powered by Google Google Inc., 20 West Kinzie, Chicago IL USA 60610

Gas and Oil

Gas and Oil Posted: 17 Nov 2009 07:21 PM PST Modest drops in pricing on the way Media release Conception Bay South, NL, November 17, 2009- There will be some retreat in petroleum pricing this coming Thursday, that's according to George Murphy, group researcher and member of the Consumer Group for Fair Gas Prices. "There's not a big lot there for the consumer but, at least the numbers are pointing down according to the data I have," said Murphy. "While oil has been trading in a volatile way the past two weeks, it has always returned to the $80 dollar a barrel mark and that volatility shows itself in bullish spot pricing numbers." "Consumers should see stove oils drop by 1.37 cents per litre, diesel to drop by 2.0 cents a litre and gasoline should drop by 2.3 cents, that's with all fourteen days of data in hand now. Heating oils should drop by close on what I have for stove oils, but with the jet fuel component remaining a mi...

Gas and Oil

Gas and Oil Posted: 15 Nov 2009 02:56 AM PST Numbers down so far this pricing session Here's what I have as we drift along this pricing session. Remember that the winter heating oil blend has changed with the addition of jet fuel as part of the mix. That means that the heating oil number consists of 75 per cent jet fuel and 25 per cent of number two type oil (stove oil) so, when I quote that number, it can only be used as a possible indicator of where heating oil could be going. The stove oil number remains the same all year round. The quote you'll see from here on until April month still applies. With twelve days of data out of a possible fourteen days needed in order to predict the final number, it certainly looks like a drop in prices will be forthcoming this coming Thursday morning for all fuels. Here's what I have so far, keeping in mind that the next two business days will determine the final result but, all indications from the markets are t...