Reed Diffuser Oils

Gas and Oil Posted: 30 Jan 2010 03:44 AM PST Changes to fuel price regulation in effect Just a quick note... I'm just off the PUB website at www.pub.nl.ca and I just read their last release from this weeks price change... If I have it right, the PUB will now be regulating all fuel prices on a weekly basis instead of every two weeks. That will eliminate the need for the interruption criteria and formula and, according to their release, will keep prices in step with other Atlantic Canadian centers that are also regulated on a weekly basis. As well, there are new guidelines governing diesel fuels that are also coming into effect. The new pricing includes kerosene into the mix and that's probably why my diesel numbers were way off last week. Instead of just regular diesel, the new diesel numbers include a blend of 75% kerosene and 25% diesel to meet new federal government guidelines on sulphur emissions. From the look of things, my diesel number will be li...

Gas and Oil Posted: 26 Jan 2010 06:28 PM PST Numbers are down Consumers to see pricing relief this week Media release Conception Bay South, NL, January 26, 2010- Consumers in Newfoundland and Labrador will see some pricing relief this coming Thursday morning when the Public Utilities Board moves to adjust prices. That's from George Murphy, group researcher for the Consumer Group for Fair Gas Prices. "We're all going to see some pricing relief, particularly to heating and stove oils. Numbers there show a 4.06 cent a litre drop in the important winter fuel. Diesel numbers show close on 4.5 cents a litre while gasoline shows a drop of 2.1 cents a litre on the way," said Murphy. "In spite of a further drop in refiner capacity this last week, there was a very slight draw in oil inventory and that's a sign that demand has not picked up over that same timeframe. Gasoline also showed a marked increase in inventories last week, indicating th...

Gas and Oil Posted: 25 Jan 2010 07:33 AM PST After twelve days of data It's shaping up to be a good week, that's if you're waiting for a drop in prices. Here's what I have so far for this week. Two business days to go! Heating and stove oils are down by 3.99 cents a litre. Diesel is down by 4.4 cents a litre, and... Gasoline is down by 2.1 cents a litre. Troubles with the US economy, especially faith in the US banking sector after Obama's comments last week, are part to blame for the slide in oil prices and their related, refined commodities. A willingness on the part of China to absorb some of the liquidity of lending in the economy there is also putting the pinch on possible growth and expansion of the Chinese economy as well. I'll keep you all posted but, the word for now is "don't buy unless you really have to" for now. Regards, George You are subscribed to email updates from Gas and ...

Gas and Oil Posted: 19 Jan 2010 06:13 PM PST Numbers are down, but... Most numbers are showing in the downwards direction but the problem here now is that they aren't down enough to warrant interruption. Or, that is, I don't think so... Here's what I have so far, and then I'll try and explain things. Heating and stove oils show "down" by 3.45 cents per litre. Diesel is down by 3.44 cents, and... Gasoline shows "down" by 1.54 cents. Here's the hook to all this: While the heating oil number shows down by 3.45 cents per litre, we have to remember that we're also dealing with jet fuel in the mix. If that number is also down and we were able to account for it, we may very well be in interrupt territory if the jet fuel number slipped down far enough. Problem is, I have no access to that number. You may be well advised to hold off on buying any heating oil until after Thursday, just in case it is down further than what I ...

Gas and Oil Posted: 12 Jan 2010 07:25 PM PST All the numbers are in But there's something else I'm watching As expected, the last day of trading didn't change the outlook on expected price increases by much, although the market news is hopeful that these latest increases may not last long. Here's the final numbers first off; Heating and stove oils are expected to increase by 3.73 cents a litre, down just a little from yesterday's forecast of 3.80 cents a litre. Diesel shows an increase of 4.3 cents a litre, down 2/10ths from yesterdays numbers, and... Gasoline shows up by 4.3 cents a litre. No change there. Here's what I'm looking at for the next week at least, some of which could prove pivotal in consumer prices for the next price setting. According to Bloomberg , an industry report (American Petroleum Institute) is showing a build in crude oil and distillate inventories that has yet to be confirmed by the US Energy Information Adm...

Gas and Oil Posted: 11 Jan 2010 04:53 PM PST Numbers show increases are on the way to consumers Media release Conception Bay South, NL, January 11, 2010- Consumers in Newfoundland and Labrador will be paying more for petroleum products this coming Thursday when the Public Utilities Board moves to make pricing adjustments. That's from George Murphy of the Consumer Group for Fair Gas Prices. "With thirteen days out of a possible fourteen days of data available, there is enough information there to inform consumers of impending price increases to come this Thursday morning. The numbers are substantial. Consumers should see an added 3.8 cents a litre onto heating and stove oil prices, an added 4.5 cents a litre on diesel numbers and an added 4.3 cents a litre on gasoline," Murphy said. "Blame colder weather in the US, a falling US dollar, and the fact that there has been so substantial pick-up in refinery capacity and you have the recipe for inc...

Gas and Oil Posted: 10 Jan 2010 02:34 PM PST Numbers still up after weekend trading No relief this week, I'm afraid! Here's what I have after the weekend sessions and twelve days out of a possible fourteen days for this pricing session. Numbers are still showing increases on the way for Thursday. Heating and stove oils show an increase of 3.79 cents a litre. Diesel now shows an added 4.4 cents a litre, and... Gasoline shows an increase of 4.3 cents a litre. The economic news continues to show improvement and the US dollar isn't showing any sustained improvement. That, in itself is telling investors that commodities are worthy of investment rather than any form of currency. The plus in this round of increases? The Canadian dollar continues to gain against the US greenback and the result is a less of an impact on any increases we could have been seeing this time around. If this had been two weeks ago, most fuel prices would be showing close on five...

Gas and Oil Posted: 07 Jan 2010 10:24 PM PST Oil's reality bites! Sorry I couldn't post ahead of the scheduled time for a "possible" price change on Thursday. This computer of mine had a technical issue that could only be fixed Thursday and that wasn't the time to send out another blog posting of any possible changes. Anyway, there weren't any changes as you all know by now. That's not to say that there aren't going to be for next week, because all numbers are still ranging upwards to the point that, if the bottom fell out of the barrel now, any increase in fuel prices will be unavoidable! Here's what I have so far with nine days of data out of a possible fourteen days: Heating and stove oils now show an increase of 3.6 cents a litre. Diesel shows an added 4.3 cents a litre, and... Gasoline now shows an added 3.8 cents a litre at the pumps this Thursday coming. Needless to say, the consumer is going to pay for the added re...

Gas and Oil Posted: 04 Jan 2010 04:12 PM PST Another day, another number... Wow! A lot of email from people asking me what is in the works for this weeks price change, if there is going to be one! After all, this would be an interruption week if prices do change. Here's what I have so far with the fuels I measure: Heating and stove oils show an increase of 3.37 cents a litre. Diesel shows an increase of 3.4 cents a litre, and... Gasoline shows an added 2.95 cents, not inclusive of taxes. Here's what I'm looking for. For the interrupter process to work, we have to have a movement of four cents a litre over (or below) what the last average for the previous price setting. In this case, when numbers were set last week, and we saw a new retail price for the fuels covered, the six days measure so far are still below what is required. The problem here is that we have one more business day to go to allow for the "calling the shot". The numbers ma...