The Think Tank

Nov. 23, 2009 Home heating oil prices

by on Nov.23, 2009, under Oil Prices

I did not learn exactly what I expected when I called Larsen and Pulliam this morning.  Because of the slightly lowered price at close on Friday, I thought that the price would be down slightly today.  I was half right.  Pulliam lowered their price and Larsen raised their price.  Go figure.

Larsen Oil 503 281 0003   200g 2.24 400g 2.21 no change
Pulliam Oil 503 564 4968   200g 2.26 400g 2.24 down .02
——————————————————————————————————————————————————-
11/20/09 Close 76.72 Crude   11/23/09 Close  77.61    up .89
11/20/09 Close 1.9825 Heating Oil   11/23/09 Close  1.9800    down .0025

So Pulliam lowered the price by 2 cents,  what I thought should happen since the price dropped at the market close by a smidgen more than 2 cents.  Strangely though, Larsen’s price went up by 4 cents taking it back to where it was on Thursday.  We shall see what tomorrow brings.  As you can tell, I have not figured this out yet.  Larsen oil just emailed me with a price for today.  The same as Friday  2.24   and 2.21.  Must have been a slip up when I called this morning.  At the market close Monday  crude went up .89 and heating oil dropped 1/4 cent.  Anybody’s guess what home heating oil does on Tuesday.


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