LONDON, ON and WASHINGTON, D.C. — Prices for both diesel and gasoline posted gains over the past week in both Canada and the U.S., hitting some of their highest levels in weeks, but many analysts say its doubtful this is part of a new trend.
LONDON, ON AND WASHINGTON, D.C. – Prices for diesel and gasoline are heading in opposite directions in Canada and the U.S. this week, but they still remain far below their levels from a year earlier.
MISSISSAUGA, ON — With the ink on her freshly minted Bachelor of Commerce degree barely dry, a young Emmie Leung looked around the streets of Winnipeg and wondered what she could do with all the used cardboard and paper she saw laying around.
That was in the mid ’70s. She took the idea to Vancouver, launched the ambitiously labelled International Paper Industries (IPI) where she literally did every job in the place and eventually the company lived up to its name.
Now as CEO of Emterra Group, Leung made transportation history when she opened the country’s biggest open-to-the-public fast-fill compressed natural gas (CNG) fueling station a few hundred meters from where Dixie Road meets the 401 in Mississauga.
“We’re blazing the trail in building fuelling stations for our own CNG fleets because we see the economic and environmental and economic health of Ontario by opening up this station for use by other CNG fleet owners and operators,” she said.
LONDON, ON and WASHINGTON, D.C. — The average cost of diesel in both Canada and the U.S. has moved lower over the past week while the Canadian cost of gasoline is the lowest since early this year. In Canada, the national average price of trucking’s main fuel declined $0.016 from last week to $1.039 per liter, according to the petroleum information services provider The Kent Group. This follow no change the week before and is now $0.202 less than this time last year.
LONDON, ON and WASHINGTON, D.C. — The national average price of diesel remained steady in Canada this week while it resumed moving lower to the south.
LONDON, ON and WASHINGTON, D.C. – National average prices for diesel are gaining momentum, hitting levels not seen in several weeks in both Canada and the U.S.
In Canada, trucking’s main fuel increased $0.026 over the past week, hitting $1.055 per liter, according to the petroleum information services provider The Kent Group. This marks the second straight weekly hike.
MONTREAL, QC — Relying on the electronic data from a truck’s engine computer may not be the most accurate gauge of fuel economy, according to a not-for profit engineering and research group for the North America trucking industry.
The report from Performance Innovation Transport Group (PIT Group) details electronic control module (ECM) data precision and accuracy between engine manufacturers and among engine models from a single manufacturer.
The study compares engine ECM data with actual test track fuel consumption and was conducted in the fall of 2014 on 14 different vehicles with engines from four manufacturers. The test track evaluations, which followed the Joint TMC/SAE Fuel Consumption Test Procedure Type II, compared fuel consumption data provided by the engine ECMs, a procedure that is generally regarded as an industry standard for testing.
CALGARY, AB — Imperial Oil and Husky Energy have reached an agreement that will create a single truck transport fuel network of about 160 sites in Canada, approximately twice the size of either individual network today.
LONDON, ON AND WASHINGTON, D.C. – Prices for diesel fuel bounced back in both Canada and the U.S. while gasoline moved lower. The average Canadian price for diesel inched up $0.008 over the past week to $1.029 per liter, following two straight weekly drops totaling $0.015, according to the petroleum information services provider The Kent Group Ltd.
LONDON, ON AND WASHINGTON, D.C. — The trend of lower diesel prices continues in both Canada and the U.S. while gasoline has edged a bit higher here at home.
The average cost of the distillate fuel fell $0.004 over the past week to $1.021 per liter, hitting its lowest level since September 2010, according to the latest figures from the petroleum information services provider The Kent Group.
LONDON, ON and WASHINGTON, D.C. — The average Canadian retail diesel price turned around this week following a small increase the week before, hitting its lowest level in five years, while in the U.S. it fell for to its lowest point in more than six years.
LONDON, ON and WASHINGTON, D.C. — Average prices for diesel fuel in Canada and the U.S. moved in opposite directions over the past week. The petroleum information services provider The Kent Group reports the average Canadian price is up $0.003 from last week to $1.036 per liter. This is the second straight weekly increase since hitting its lowest level in several years the first week of the month.
LONDON, ON and WASHINGTON, D.C. — The average price for trucking’s main fuel has posted weekly increases in both Canada and the U.S. for the first time since early this summer.
In Canada diesel gained $0.002 from last week for a national average of $1.033 per liter, according to the petroleum information services provider The Kent Group. This follows 10 consecutive weeks where the price either fell or was unchanged, in which it declined a total of $0.093 per liter.
Despite this week’s gain, diesel is $0.264 per liter less than this time last year and remains at its lowest level in several years.
South of the border, the U.S. Energy Department reported the first week-over-week increase for diesel in 14 weeks, with the average retail price picking up US$0.02 from last week, hitting US$2.534 per gallon.
From late May through the end of August the average U.S. diesel price decreased by US$0.40, registering US$2.514, its lowest price since July 2009.
LONDON, ON and WASHINGTON, D.C. — Diesel prices continue falling in both Canada and the U.S. and are at their lowest levels in several years, according to two newly issued weekly reports.
LONDON, ON and WASHINGTON, D.C. — The national average cost of diesel has paused from its recent string of declines while gasoline has moved lower over the past week in Canada. The petroleum information services provider The Kent Group reports diesel is at $1.05 per liter for the second consecutive week after falling for eight straight weeks and hitting its lowest level since November 2010.
Compared to this week a year ago the price $0.242 less.
Not surprisingly, prices varied little if any in the different regions of Canada from last week with the Atlantic provinces this week recording an average of $1.025 per liter, Quebec at $1.097, Ontario at $1.026 and the Western Provinces at $1.065.