Broken sign, no contract…. File Photo KDG

 
The gasoline prices going into the American Thanksgiving weekend are  from $1.29.9- $1.32.9 a liter. Long weekends should not effect prices as oil is done by futures contacts. However as a trigger to action we in Canada could reduce our driving by regulating speed, tuning up autos, pooling, planning trips to advantage, not driving unnecessarily.

 Natural Resources Canada (NRCan) works with provinces and territories, other government departments, and Canadian and international groups to explore how to meet our energy needs and adapt to changes in distribution methods while considering the environmental impact of doing so.

Canadian crude oil and petroleum product inventories have been relatively stable for the last five years. Inventory levels for some products, such as gasoline and furnace oil, fluctuate significantly over the year. Demand for these products is very seasonal and at its peak can exceed the production capacity of refineries. Therefore, refiners need to anticipate the peak consumption periods by building inventories in advance. Gasoline inventories increase during the first quarter of the year and are used during the summer months to supplement refinery production. Furnace oil stocks grow during the fall and are drawn during the coldest months of winter when demand is at its highest level. Source Canadian Government.

Sixty percent of Americans are traveling this weekend, slow down and save a little gas in your travels, better your chances to arrive alive and save some grief. Delay a pipeline a minute without costly retail gas prices encouraging it.

On this Day: November 24th 1973

An oil supply crisis sees a speed limit put on the German Autobahn , it lasts 4 months.