View Single Post
Old 09-13-2008, 09:04 AM   #68
Flames in 07
#1 Goaltender
 
Join Date: Aug 2006
Exp:
Default

Quote:
Originally Posted by BlackArcher101 View Post
Hasn't it been running for nearly 2 or 3 weeks now?

edit: Shutodwn Aug 3 - 27th. http://www.canada.com/theprovince/ne...5-ccd47d069875
I'm going to reply to a few notes here:

PCAN in Edmonton is at low rates, AND they have a planned turnaround (Refinery shuts down for maintaince) in October.

Also Crude being down near 100 now will help gas prices in a few weeks, but it takes a few weeks for those 100 barrels to be run through the refinery and sent to the market.

A stronger USD will reduce WTI as importers need less USD to be compensated for their product, that's the same as any other good, if the commodity is denominated in USD, and USD become more valuable, foreigners will need USD to be compensated for their good.

In retail gasoline the only complain consumers have that has any basis in reality is that companies seem to drag their feet when crude prices go down, but seem to be on top of price adjustments as crude is going up.
Flames in 07 is offline   Reply With Quote