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Stock impact report

Gas prices: 'Cautious consumers' are putting less fuel in their tanks, CEO warns [Yahoo! Finance Canada]

Valero Energy Corporation (VLO) 
Last valero energy corporation earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: investorvalero.com
Gas prices mainly trickled down across Canada over the past week. The average cost of a litre of regular fuel barely budged by a penny on the heels of bigger swings in April Abbotsford, B.C., and North Bay, Ont. were the most volatile markets between April 25 and May 2, posting an 8.3 cent per litre gain, and a 6.9 per cent decline, respectively. According to data from Kalibrate, the average cost per litre of regular gasoline in cities nationwide fell to $1.761. Enpro's Roger McKnight says forecasting prices lately has been about as challenging as predicting Spring weather in Canada. In a blog on Thursday , the chief petroleum analyst cited the Federal Reserve and smaller seasonal refinery runs among the moving parts impacting prices. ADVERTISEMENT "Consumers are left drumming their fingers as they keep their credit cards in their wallets, and stay away from the pumps," McKnight wrote. Parkland ( PKI.TO ), the Canadian company behind gas station brands like On The Run and U Show less Read more
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