The Think Tank

Friday January 22, 2010

by on Jan.22, 2010, under Oil Prices

The prices for crude and heating oil are falling.  For consumers like us, that is a GOOD THING.  Finally the home heating oil prices are falling too.  For the first time since October 12, 2009 the price per gallon is  2.25 for the 200 gallon price.  Today the price for 200 gallons at Larsen is 2.25 per gallon. The price for 400 gallons is 2.22.  The price should be lower tomorrow.  I should mention that Larsen oil gives a 3 cent per gallon discount for seniors.  Makes a difference.

 Our weather continues to be warm.  The high temperature yesterday, Jan 21 was 57.  There was sunshine and cloudy periods with only a dash of rain.  Today is cloudier, but very little rain so far although rain is forescast for this affternoon.                                                                                        

Larsen Oil 503 281 0003   200g 2.25 400g 2.22 down  .o2
Pulliam Oil 503 564 4968   200g 2.26 400g 2.24 down  .04
——————————————————————————————————————————————————-
1/21/10    Close 75.76 Crude   1/22/10   Close  74.42   down  1.34
1/21/10    Close 1.98 Heating Oil   1/22/10   Close  1.9362   down    .0494

Good News for us today.  Crude dropped today $ 1.34 per barrel and heating oil dropped .0494, almost a nickel per gallon.  That SHOULD drop the home heating oil price for Monday.  As Martha says,  “that is a GOOD THING”.


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