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NYMEX Crude Oil (Light) ........................121.20 5.64 NYMEX NYH RBOB Gasoline (Globex) ...... 3.0421 .1318

Don’t worry, just a little bump - $70 is just around the corner. Short traders just keep making those margin calls, mortgage the house if you have to. Fortunes await you! PO is for pansies and doomers. At $70 short some more ..... it is going back to $22 .... the world is awash with oil ........ reality has nothing to do with it, its all in those charts!!!!!!!!!!

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Petro-Canada closes 25 gas stations in Ontario because of gas shortage
Consumption; Demand; PricesTORONTO: Petro-Canada temporarily closed 25 gas stations in the Toronto area on Wednesday because of a gas shortage in Ontario.

A fire at Imperial Oil's 118,000 barrel-a-day Nanticoke refinery this month and a strike by Canadian National Railway has slowed down crude oil supply in Canada's most populous province.


The strike has since ended and Imperial Oil has resumed crude oil processing, but production will not be back to normal for two more weeks, extending Ontario's fuel shortage.

Petro-Canada said demand for fuel is now so high it has deliberately closed 25 small stations out of a total of 205 sites in the Toronto area as part of a strategy to keep its larger centers fueled up. The planned closures will range from 24 to 48 hours.

AP

Posted on Wednesday, February 28 @ 19:15:24 PST by Leanan
 
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