The Think Tank

Friday Jan. 15, 2010

by on Jan.15, 2010, under Oil Prices

Todays price for 200 gallons is 2.31 at Larsens.  The last time the price was that low was Nov. 2.  It should drop again tonight.

Wednesday and Thursday were busy days and I was busy with other endeavors.  I am back on the job today.  The prices are trending downward this week and that is a good thing.  One odd thing has me wondering.  The news is reporting that gasoline prices are on the rise.  AAA is predicting quite a rise in prices.  I have not looked at the pump prices for several days, but the crude price is falling, and the heating oil price is falling so why would gasoline prices be on the rise?  Sounds fishy to me.

Larsen Oil 503 281 0003   200g 2.31 400g 2.28 down  .o6
Pulliam Oil 503 564 4968   200g 2.33 400g 2.31 down  .11
——————————————————————————————————————————————————-
1/14/10    Close 79.15 Crude   1/15/10   Close  78.02   down  1.13
1/14/10    Close 2.0829 Heating Oil   1/15/10   Close  2.0510   down .0691

okay so the prices did drop today.  Crude closed down 1.13 per barrel, and heating oil dropped almost 7 cents per barrel.  The retail prices should drop this afternoon, for Mondays delivery.  Might be a good time to order fuel.   I hope it drops further,


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