The Think Tank

Thursday February 4, 2010

by on Feb.04, 2010, under Oil Prices

Well, sorry for the missed posts.  The price was rising, I was busy and it was a little depressing.  The price rose Monday, Tuesday, and Wednesday, today however the price is dropping.  That is a good thing.  Since yesterday the heating oil is down, .0384 or nearly 4 cents.  Since Monday, crude has dropped 4.11 per barrel.  It is still up from Friday but not much.  I hope the drop continues tomorrow so we have a net loss for the week.

Larsen Oil 503 281 0003   200g 2.29 400g 2.26 up  .07
Pulliam Oil 503 564 4968   200g 2.25 400g 2.23 up .11
——————————————————————————————————————————————————-
1/29/10    Close 72.65 Crude   2/04/10   Close  72.98   up   .33 (down 4.11)
1/29/10    Close 1.9015 Heating Oil   2/04/10   Close 1.9352   up  .0176 (down .0384)

The lady at Larsen Oil said that the price today was “down” today.  She said it seems that it will “drop right back down”, after going way way up the first of the week.  As you can see it is up 7 cnets at Larsen and 11 cents at Pulliam since last Fridays close.  I sure hope the drop continues.


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