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Gas and Oil

Gas and Oil

Posted: 21 Feb 2010 05:25 AM PST

Numbers are up
Five day shows increases on the way
Just a couple of words of warning here as regards to what I have for this week.
Numbers for this period are up substantially for all fuels that I measure. Everyone knows by now that the PUB regulates prices here on a weekly basis now. For five days out of seven days data so far this session, here's what I have:
  • Heating and stove oils show an increase of 2.64 cents per litre.
  • Diesel shows an added 3.0 cents per litre, and...
  • Gasoline is up by 3.5 cents.

Two more days of data to get here but, the writing seems to be on the wall as to what to expect this coming Thursday.

Also, everyone might take note that I will be posting a weekly listing of heating oil pricing in and around the immediate St. John's area. That should give everyone a rough idea on what to expect from their own company and also to get everyone to start asking their own companies why the difference in prices. Mind you, depending on what date I actually check prices, they will be out ahead of the regular price setting and will not include any of my numbers in the changes.

I'm thinking here that I will continue to post the "price check" on Mondays rather than the "press release" that includes my guess on the price change.

In other words, when I get my price check out, you will see the price change when the PUB institutes their new price settings the following Thursday.

Hope this helps.

If you have any suggestions you might want to see me undertake, drop me a note or leave a comment below.

Regards,

George

gasprices@hotmail.com

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