The Core Fuels Market Outlook For April, 2023
Energy markets have remained somewhat stable for the month of April. At the time of print, it looks like West Texas Intermediate price of crude oil will decline for a sixth straight month. Over the last three months, we have seen refinery margins shrink from recent highs. This has led to speculation that production will […]
Every Child Deserves to have a Safe, Clean, Healthy Ride to School.
Here’s an interesting article about propane buses in the States. We believe that there is room at the table for a diverse mix of clean energy solutions. Contact our team today if you have more questions about the benefits of auto propane. Propane buses offer many of the same environmental benefits of electric — but […]
The Core Fuels Market Outlook For March, 2023
The insolvency of several American and European banks has scared investors and put downward pressure on the energy markets. Speculation over a slowing economy is what drove the markets down. Consequently, energy prices have risen. WTI crude oil is back into the mid $70’s after falling below $70 mid-month. There was a large draw-down on […]
The Core Fuels Market Outlook For January, 2023
Energy markets, across the board, continued to slide in January as inventories build. Crude oil is trading in the mid-70s and has been trending downwards. Unfortunately, Canadian crude is still selling at a major discount to the WTI benchmark – which doesn’t benefit anyone. The lower crude market and inventory builds have helped push gasoline […]
Check Your Propane Tank Level
As the mercury drops, we’d like to stress the importance of monitoring your propane usage. The temperature that the state of propane changes from liquid to vapour is -44°F. This is the vaporization point. Pressurized propane vapour in your tank is what fuels your household appliances. As temperatures rise, more vapour is created. Conversely, as […]
4th Annual Holiday Food Drive
Our team is very pleased to participate, once again, in an annual food drive. Together with our partners, we aim to support the less fortunate and build stronger communities. It’s a difficult time of year for some and contributions are needed! To help a great cause, please visit one of our offices with non-perishable food […]
The Core Fuels Market Outlook For November, 2022
The price of crude oil continued its decline over the month of November. As of press time, West Texas crude is sitting around $80.00 per barrel. Inventory levels in North America are still above last year’s levels, so we appear to be in decent shape. However, Western Canadian crude is trading at a $30.00 deficit […]
Meet the Core Team: Mabel Cook
We’re recognizing Mabel Cook, this month, as she crosses the one year mark with Waterloo County Propane. Mabel has quickly become a valued member of the team – taking the reins as the customer service and accounts receivable lead at our Cambridge branch. In her short time here, she’s gained invaluable knowledge on propane and […]
The Core Fuels Market Outlook For October, 2022
Distillate pricing has soared throughout the month on the back of a weak Canadian dollar. Refinery and terminal maintenance have contributed to major drawdowns in supply earlier in the month. Whether this impact is further realized is yet to be determined. Demand remains strong as we enter furnace oil season. Gasoline prices have reflected the […]
The Core Fuels Market Outlook For September, 2022
Fall has arrived! Turbulent weather down south has brought some cool weather to southern Ontario. Frost is expected throughout the first weekend in October. The Farmers’ Almanac projects a slightly colder winter than normal. Our bulk propane plant in Stratford is close to fully operational. This will ensure we’re well supplied during the heating season. […]