Archives for: April 2010, 23
Weekly inventory reports, the strengthening Canadian dollar, the Greek debt crisis, or those pesky “specuvestors”.
April 23rd, 2010This week we decided not to focus on the weekly inventory reports, the strengthening Canadian dollar, the Greek debt crisis, or those pesky “specuvestors”.
Instead in this report you’ll see the average diesel cardlock prices (excluding all taxes) in 16 major Canadian cities over the last 8 ½ months by supplier from a regional and a national basis. We chose this period because crude prices traded in the $70 to $85/barrel range, better representing the recent market and exclude the recessionary low crude prices from 2009. Dividing the report into eastern and western cities will allow our regional clients to better utilize the information. The lowest cost regional suppliers are listed in the left column and the highest are shown in the right column based on the average of the eight cities. For example, in the east Petro Canada formula pricing was on average the lowest and in the West Husky prevailed.
By: Roger McKnight, Senior Petroleum Advisor
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