On Jul 16, 2011, at 5:11 PM, John Sessoms wrote:

> Prices were up around 31% since the first of the year during the week after 
> GFM, dropped back to only 20% higher by the 4th, but are now back around 30% 
> higher today.

A rep from one of the fuel companies was interviewed on the radio the other 
day.  They pretty much said the price is set by speculation.  If they think the 
price is going to go up then they'll put the price up.

It's about as high as it's ever been here, and that's with the US dollar in the 
toilet.  If the exchange rate goes back to what it was then things are going to 
get interesting.

Dave


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