CNS Canada –– It doesn’t appear the gasoline shortage that has left many pumps across Western Canada dry will be spreading to the diesel sector, at least for now. Fires in northern Alberta and problems at a refinery in Edmonton crimped available supplies of gas for many Prairie retailers this week. While some Petro-Canada and […] Read more
Tag Archives diesel — page 5
Diesel prices hang steady in West, for now
Diesel prices seen staying lower
CNS Canada –– Diesel prices in Canada are expected to stay relatively cheap this spring despite some recent strength in the crude oil market. In a normal cycle, diesel prices would usually be on the move right now, but they have been mired at their current level for the last few months, according to Tom […] Read more
Diesel prices remain high across Prairies
CNS Canada — While the price of crude oil continues to decline across North American markets, diesel remains stubbornly high in Western Canada. Prices are equal to gasoline, or in some cases, exceeding them by as much as 10 cents in some Saskatchewan and Manitoba locations. “Diesel production in the West has been crimped by […] Read more
Clariant sees biofuels boost from VW diesel affair
Zurich | Reuters –– Swiss specialty chemicals group Clariant expects biofuels to get a boost from the scandal surrounding Volkswagen’s manipulation of diesel motor emissions tests, CEO Hariolf Kottmann told a German newspaper. Clariant is spending 30 million euros (C$44 million) a year to expand capacity in Munich to make bioethanol from wheat straw, and […] Read more
VW scandal might ‘hurt’ diesel prices, gas analyst says
CNS Canada –– The scandal gripping German automaker Volkswagen and its diesel-powered passenger cars could ultimately result in a glut of diesel coming onto the market, according to a fuel analyst. “I don’t think anybody sees diesel going away forever, but from a passenger vehicle (viewpoint) we really need to get more evidence. Is this […] Read more
Diesel not expected to follow gasoline’s sudden jump
CNS Canada –– Despite a recent spike of up to 20 cents per litre more for gasoline in some Prairie centres, diesel isn’t expected to follow the same trajectory. “For every three cents that gasoline has gone up, diesel has gone up one,” explained Dan McTeague of GasBuddy.com in Toronto. On average, gas prices jumped […] Read more
Diesel prices seen softening soon
CNS Canada — Canadian diesel prices should go down between now and the end of the summer, according to a fuel expert. Since early May, the price of diesel across the Prairies has largely been in and around the 94-98 cents per litre range. Tom Kloza of the Oil Price Information Service reported prices on […] Read more
Diesel prices seen staying low until July
CNS Canada –– The price of diesel has fallen to the same level as gasoline across Western Canada, but a Chicago-based analyst doesn’t expect it to stay that way for too long. “Probably after the Fourth of July, late July and August the prices may start to edge up,” said Phil Flynn, energy market analyst […] Read more
Diesel prices expected to see pressure in second quarter
CNS Canada — The spring thaw may bring lower diesel prices to farmers in North America, according to a New Jersey-based oil expert. “A lot of new refining, worldwide, is coming on for diesel,” said Tom Kloza, chief oil analyst at the Oil Price Information Service. Compared to other fuels such as gasoline or jet […] Read more
Regulatory requirements seen keeping diesel prices high
CNS Canada — Diesel prices in North America aren’t likely to come down to the levels of gasoline anytime soon, according to an analyst. “It’s probably going to trade at a premium to gasoline for some time,” said Phil Flynn, energy market analyst for Price Futures Group in Chicago. One of the main challenges facing […] Read more
Cyber-Savvy Farmer
