The Think Tank

Dec. 09, 2009 Oil Prices

by on Dec.09, 2009, under Oil Prices

This morning the temperature at 8am, or so was 10 degrees. Official temp was 12.  Not as windy.It warmed up to an official temp or 30, not quite that warm at our house.

  Hmm, yesterday there was a slight drop in heating oil and crude oil by the time the market closed.  And strangely, Larsen raised their prices 3 cents in response to the 2 cent drop.  Pulliam remains the same as yesterday.  Today the market price seems to be dropping.

Larsen Oil 503 281 0003   200g 2.29 400g 2.26 up  .03
Pulliam Oil 503 564 4968   200g 2.28 400g 2.26 no change
——————————————————————————————————————————————————-
12/08/09 Close 72.77 Crude   12/09/09 Close  70.65   down  2.12
12/08/09 Close 2.0185 Heating Oil   12/09/09 Close  1.9209   down  .0711

Olay,  heating oil at market close was more than 7 cents per gallon down.  And crude lost more than 2.00 per barrel.  So …….. home heating oil SHOULD drop significantly in the morning.  We shall see.


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