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Showing posts from December, 2009

Gas and Oil

Gas and Oil Posted: 29 Dec 2009 10:37 PM PST Numbers show a hike in prices for Thursday Here's what I have for Thursday price changes this week: Heating and stove oils show an increase of 1.66 cents a litre. Remember that the heating oil numbers are thrown off a little because of the use of jet fuel in the winter mix. Diesel shows a 1.4 cent a litre increase on the way, and... Gasoline shows an increase of 1.3 cents a litre upwards. Just a few factors of note these last two weeks: A drop in refiner capacity down to 80% from the previous weeks 81%. A drop in inventories of distillates that includes diesel and all heating fuels. Crude oil and gasolines also showed substantial draws against inventories. The Canadian dollar has gained almost two cents against the US greenback, partially insulating consumers from a more substantial increase in prices. That's it from me! Regards and Happy New Year! George Murphy You are subscribed to email updates fr...

Gas and Oil

Gas and Oil Posted: 29 Dec 2009 10:26 AM PST Numbers are up a little Here's what I have, leading into the New Years break in the markets: There will be some slight increases in prices this coming Thursday and they should be a little stronger than what I have here as my numbers are based on thirteen days of data rather than the fourteen needed. Heating and stove oils show a 1.48 cent a litre increase. Diesel shows a 1.2 cent a litre increase, and... Gasoline shows a 1.2 cent a litre increase. I'll be posting more here in an official release late tonight or early tomorrow morning, with the final numbers we'll see for the week's price changes. 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: 22 Dec 2009 11:22 AM PST No movement in prices Just in case you may have been wondering, the increases in prices are averaging in the tenths of cents since oil started creeping up again. That's not enough to warrant any use of the interrupter formula... I'll be posting here sometime next Tuesday night with numbers for the scheduled price change for Thursday. Have a good Christmas on that news! 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: 15 Dec 2009 07:28 PM PST Call it an early Christmas present Numbers still down for all fuels Media release Conception Bay South, NL, December 15, 2009- Consumers will see an early Christmas present this Thursday morning when the PUB moves to adjust prices based on the last two weeks of market activity, that's from George Murphy of the Consumer Group for Fair Gas Prices. "The last day of market trading are in and the predictions will hold true that we will be getting a break on all, if not most, fuels that the Pub regulates," said Murphy, group researcher for the group." We're looking at a significant drop in gasoline prices of close to four cents a litre at the pumps. The heating and stove oil numbers show a drop of 1.2 cents a litre while diesel shows a drop of 1.3 cents a litre is coming." "The number for heating and stove oils doesn't look like a lot but it does signal what I see as happening out ther...

Gas and Oil

Gas and Oil Posted: 14 Dec 2009 03:17 PM PST Update #2 Numbers still down for Thursday Here's what the numbers look like after today's trading, one more day to go: Heating and stove oils down by 1.1 cents a litre. Diesel down by 1.2 cents, and... Gasoline shows "down" by 3.7 cents a litre. I would anticipate not a lot of big changes between now and the end of tomorrow's trading day. Gasoline could be down as much as four cents, if my numbers are right with heating, stove oils and diesel down close on 1.3 cents a litre. either way, look for that Tuesday posting! 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 Inbox too full? Google Inc., 20 West Kinzie, Chicago IL USA 60610

Gas and Oil

Gas and Oil Posted: 12 Dec 2009 01:57 AM PST Numbers still show "down" for Thursday coming Call it an early Christmas present on the way. Here's what I have with twelve days of data in so far. We still have Monday and Tuesday to contend with so, the numbers may get a little better before then. Heating and stove oils show "down" by a penny. Diesel shows "down" by 1.1 cents a litre, and... Gasoline shows "down" by 3.5 cents a litre. I guess Santa doesn't work for Exxon after all! What is significant about the numbers? Heating and stove oils are down in a demand season and refiner capacity is still low, recorded at 81.1 per cent, just up a little from last week. The slight increase in refinery capacity just might be a fore bearer of lower prices for heating and stove oils as they pick up production and build inventories, especially so if capacity increases again... I'll be posting here again on Tuesday night, ...

Gas and Oil

Gas and Oil Posted: 08 Dec 2009 06:53 PM PST No changes to prices this week Numbers are starting a slide in the downwards direction, however, they aren't enough to warrant the use of the interrupter formula this week. We should be looking at a decline in all prices next week however, even though right now numbers for distillates like heating, stove oils and diesels all show minuscule increases so far. The spot price for those fuels have nosed below the average set from the last price setting just last week. Here's what I have so far: Heating and stove oils show a bare 8/100ths of a cent up. Diesel shows 'up' by the same 8/100ths, and... Gasoline shows a decline of 1.9 cents per litre. Again, I'm projecting declines in all prices for next week, unless inventory data out tomorrow shows some pretty heavy stuff ahead of Christmas or there's a dramatic reversal in the US dollar. I'll be in touch with th...

Gas and Oil

Gas and Oil Posted: 01 Dec 2009 06:36 PM PST Might be worth noting that last paragraph on heating oil pricing, if you are a user... Not much change in the markets this week Gasoline up because of low refiner capacity Media release Conception Bay South, NL, December 01, 2009- Low refiner capacity utilization has resulted in only a slight increase to come for gasoline prices when the Public Utilities Board moves to set prices this coming Thursday. That's according to George Murphy of the Consumer Group for Fair Gas Prices. "It has been rather boring watching the markets this week, especially with no changes in some of the numbers that are readily apparent, with the exception of gasoline numbers," said Murphy. "Numbers show only slight changes to heating and stove oils with those fuels down by 45/100ths of a cent. Diesel shows a very modest 2/10ths of a cent drop and gasoline shows a 1.1 cent a litre increase coming." "Low refiner cap...