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Fuel Pricing.

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    #16
    Seasonal charts show fuel oil gains 4% between now and Sept 30. Stock builds ahead of winter.
    Prices are at a crossroads. If there is a further increase by Aug 7 I would think there won't be too much weakness for a while. Lower by Aug 7 and the top might be in.
    Price retreats are common after October but that won't help for harvesttime.
    Demand for Canadian heavy oil may see any uptick in the next while.

    I'm leaning towards stable/higher for the next while.
    DYODD

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      #17
      Diesel going up 3 cents on Monday. Filled up today.
      They must have heard a combine running west of reginia.

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        #18
        You are right, up next week.

        But Gas down 5 cents.

        That up about 7 cents from about five weeks ago. Up only a little over 10% of the lowest price five weeks ago.

        But that's **** all to a STO (Small Time Operator).
        Last edited by farmaholic; Jul 28, 2017, 18:52.

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          #19
          Originally posted by farmaholic View Post
          You are right, up next week.

          But Gas down 5 cents.

          That up about 7 cents from about five weeks ago. Up only a little over 10% of the lowest price five weeks ago.

          But that's **** all to a SMO (Small Time Operator).
          Oh come on now, STO, need to watch the pennies...

          Filled today too, Wadena Coop supplying the Viterra building crew EVERY morning, wow, good for patronage dividends!
          Thanks Glencore!

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