Gasoline is a buck nine . nine a liter at the down town Petro Can in Merritt British Columbia Canada. After many weeks of $169.9 the gas price has dropped first to one Eleven and now to $109.9 Still the lowest price in BC today is $98.9 and and average of $115.8 and trending up.
Trans Mountain line from Alberta Remains Full..
The negitive prices that were seen at the top of the lock down are not likley as jet B fuel is projected to be low demand until 2026.
The aviation sector consumed almost 8% of oil products globally in 2019, or almost 7.5 million barrels per day according to Bloomberg NEF’s 2020 Aviation Fuel Outlook. In 2020, Covid-19 has grounded much of the world’s aircraft, leading to almost a halving of fuel consumption. Long-term, however, appetite for air travel should continue to grow. With few alternatives and without significant policy intervention, air miles will continue to be powered by fossil fuels. This research note analyzes the key themes driving consumption of aviation fuels to 2050.
Bloomberg
Good luck on your driving habits and stay safe remember the Restrictions on travel this Christmas.
On this Day: December 9th 1996
Gwen Jacob found not Guilty….
Kevin Griffiths
percypaschal
The Proprietor Review 