Sorry for any inconvenience last week. I was out of town and couldn't post the numbers! I hope you all got them from my Twitter feed in spite of!
With all data in, here's what I have for this week's price changes:
Heating and stove oils show an added 55/100ths of a cent a litre.
Diesel fuel adds 6/10ths of a cent a litre, and...
Gasoline adds just 7/10ths of a cent a litre.
Again this week, the Canadian dollar lost about a half cent against the
US greenback. The Markets remain relatively steady in spite of word of
further US involvement in Iraq. Most of the market pressures off Middle
East influences can be directly attributed to the fact that US domestic
supply has become an important player in determining the "off-influence"
prices we're seeing today.
Simple fact is that, while there is trouble
in the Middle East, supplies are secure in North America as a result of
the growth in US domestic production.
Security of supply...
That's it for this week!
Regards,
George Murphy
Twitter @GeorgeMurphyMHA
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