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realfast95

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realfast95

Re: Bobwins post# 3588

Sunday, 11/14/2010 8:35:08 AM

Sunday, November 14, 2010 8:35:08 AM

Post# of 9229
I think the shortage was caused when the refiners slowed down production in anticipation of a Government price increase after the price of oil rose so quickly. The Government actually didn't raise that price as expected around 10/20 and finally did around
11/8. I'm sure this delay caused distribution chain problems.
LPH and other province distributors usually store up in advance of a price increase, but I'm sure had issues with the additional 18 day gap.

The real benefit is if LPH got more customers as a result of having more supply in storage.
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