Price of Gas to be Slashed #nltraffic
While we were in for a shock at the pumps last week, this week will be a bit better.
Hurricane Harvey’s effects on the market are beginning to settle down and we’re getting a good read on the return of refining capacity in the Gulf of Mexico.
As of this morning, only six percent of capacity remains offline due to longer than anticipated re-start. Gasoline is expected to drop by 7.2 cents a litre.
Heating/stove oil to drop by 8/10ths of a cent a litre.
Diesel fuel to drop by 1.1 cents a litre.