Lowest oil price in history. .?????.. and ...

[bucket]

FCL was funded under the Devine government to build the upgrade which was then given away by the NDP....they supply local coops their fuel....

They buy feedstock at a significant discount to WTI or Brent crude oil....as seen by their billion dollar profits the last couple of years....

They are making money and if you have never heard the excuses as to why they can't be a price setter as opposed to keeping up with the bigger players ...you haven't seen the comedy of logic they use....

[Taiga]

My one coop card lock that I use moves a million litres of diesel a week. That’s just one station. There is no huge inventory from September sitting in storage.

[bucket]

My one coop card lock that I use moves a million litres of diesel of week. That’s just one station. There is no huge inventory from September sitting in storage.

So why is FCL thinking of reducing production?

Other than to increase the price and keep in line with their collusionary friends...

[Rareearth]

The ethanol plants should sell retail and bulk pumps to sell high % ethanol gas/fuel blends down to 5%blend

Many vehicles can burn especially in the summer high % bio fuels.

The ethanol plants in USA are in trouble now trying to sell whole sale, maybe solution is retail?

[jazz]

Farmers can take up some of that excess by refilling tanks right after seeding. I dont usually buy again until august and dont keep a lot around over winter.

[helmsdale]

If you're waiting for a signal to fill your fuel tanks, this just might be the last opportunity for awhile...

[Oliver88]

Farmers can take up some of that excess by refilling tanks right after seeding. I dont usually buy again until august and dont keep a lot around over winter.

This could be a good strategy.

Last week looks like it would of been an ideal time to fill for seeding.

[TASFarms]

How many people are panic buying tanks and filling the with diesel. $3200 for a 2015 1000 gallon tank with no pump sold on Richie brothers. 10 bids were past what the price of a new tank is

[farming101]

How many people are panic buying tanks and filling the with diesel. $3200 for a 2015 1000 gallon tank with no pump sold on Richie brothers. 10 bids were past what the price of a new tank is

LOL! Never checked but the guy on kijiji likely sold his old 500 on a stand for $500. No pump required!

[Rareearth]

Maybe this is just a dead cat bounce?

We will find out,
-carbon tax April 1
-plus lower btu content of current diesel in the system(pipelines)
-it still might pay to wait?