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Jack Lee 4Refuel the downward trend by the end of this year. I used M.J. Ervin's fuel pricing statistics to make my "call" on the average prices for Canada. They definitely reflect seasonality in the price of gasoline and diesel.”

The calendar reads “October” and I still haven’t used my water skis! Hard to believe, but summer is over and with the new fall season comes optimism for the cost of fuel. Or so it seems. According to Fuel Advisor Bob Van der Valk it looks like we are in for a period of lower fuel costs. Bob has been in the fuel business for decades and over the years we have come to rely on his insight. He writes, “It stands to reason that with demand for fuel down worldwide and refineries switching to the winter-grade blends of gasoline, prices will be going down once again this winter. Prices will be heading down right after Labour Day towards the $2 per gallon mark in the US and $.85 per litre in Canada by Thanksgiving. ”We have heard this stuff before and have been left paying more to fill up, so we challenged the gas guy on his prediction and he is holding his ground. He replied by saying, “I am staying with my prediction both for fuel prices in the U.S. and Canada, with the price of crude oil leading

He goes on to write, “Crude oil prices could flatten further over the next few months, a process which has already started, with more downward pressure anticipated. Prices will remain driven by crude oil with weak demand for diesel fuel and inventories high as it has been in the first half of this year. More refining capacity is coming on line with cargoes of gasoline and diesel fuel imported from the Alliance refinery complex in India hitting the West Coast this month.” If you want to reach Bob he is only a click away at: tridemoil@aol.com We hope Low Price Predictions are correct, but you can GUARANTEE your fuel costs will drop using 4Refuel’s FMO. Even if the predictions are incorrect and for some reason, like a natural disaster or a refinery debacle in your region, fuel prices explode, you can protect yourself with 4Refuels, Fuel Management Online. In a nutshell you get a software suite that shows you exactly where each drop of fuel is going so you can measure and manage your fuel investment better. FMO is the only system that lets you access all your fuel records in one place and in one format. In ad-

Canadian Trucking Magazine October 2010 Edition  

Canadian Trucking Magazine built for Transport

Canadian Trucking Magazine October 2010 Edition  

Canadian Trucking Magazine built for Transport

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