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ENERGY: Domestic sales of refined petroleum products up 6% for first two months of 2007

        (AlbertaIndex, April 5) --- Canada’s domestic consumption of petroleum products surged 6% to 16.36 million cubic metres for the first two months of 2007 compared to the same period last year. Fuel consumption and sales are a strong indicator of the state of the economy. (One cubic metre=6.3 barrels).

        According to Statistics Canada, February consumption grew at an even faster 6.4% to 8,125,100 cubic metres. Sales of refined petroleum products increased in six of the seven major product groups.
     

  Diesel fuel sales showed the biggest increase by volume, climbing 207,500 cubic metres or 10.3%. Light fuel oil sales were up 19.1%, or 105,300 cubic metres. Motor gasoline sales rose 2.7% or 81,100 cubic metres.
        Sales increased in two of the three categories of motor gasoline. Premium grade moved up 7.1%, while regular unleaded rose 2.6%. Mid-grade fell 6.7%.
        On a year-to-date basis, there were gains in all of the seven major product groups, with the highest increase in diesel fuel oil where sales rose 354,800 cubic metres or 8.8%. Motor gasoline sales were up 241,700 cubic metres or 3.9%.



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