MARKET ANALYSIS
AS PREPARED BY COMMISSION STAFF
November 14, 2012

 

The following analysis has been used by the Commission as part of its price adjustment methodology and is provided here to assist the public in understanding some of the background factors influencing current market prices.

 


 

Crude Track:
  Recent WTI Crude (US$/bbl)
 

Nov 1

$87.09

 

Nov 2

$84.86

 

Nov 5

$85.65

 

Nov 6

$88.71

 

Nov 7

$84.44

 

Nov 8

$85.09

 

Nov 9

$86.07

 

Nov 12

$85.57

 

Nov 13

$85.38

 Average Brent Crude for Nov: $106.16
 
  Average Average Average
  2012 2011 2010
January  $100.51  $89.44  $78.40
February  $102.26  $88.83  $76.16
March  $106.36  $102.74  $81.12
April  $103.18  $109.67  $84.46
May  $ 95.47  $101.29  $74.14
June  $ 82.28  $96.40  $75.39
July  $ 87.93  $97.43  $73.95
August  $ 94.05  $86.23  $77.00
September  $ 94.74  $86.13  $75.55
October  $ 89.72 $86.10  $81.99
November  $ 85.87 $96.86  $84.25
December   $98.51  $89.09
         
  US $
Per Barrel
CDN  Cents
Per Litre
CDN Cents
Per Litre
CDN Cents
Per Litre
  CRUDE RUL F/O DIESEL
Nov 12/12 $ 85.57 119.4 107.3 132.1
Nov 12/11 $ 98.99 117.5 102.4 128.6
YOY Diff. -13.42 +1.9 +4.9 +3.5
% Change -13.56% +1.61% +4.78% +2.72%
 

Note:

Legend:

DOE Department of Energy
RUL Regular Unleaded Gasoline
F/O Furnace Oil
WTI West Texas Intermediate