The Think Tank

Friday May 14, 2010 Oil Prices Today

by on May.14, 2010, under Oil Prices

Larsen Oil 503 281 0003   200g 2.58 400g 2.54 down  .01
Pulliam Oil 503 564 4968   200g 2.58 400g 2.55 n.c
——————————————————————————————————————————————————-
5/13/10    Close 74.10 Crude   5/14/10   Close  71.75   down  2.35
5/13/10    Close 2.0764 Heating Oil   5/14/10   Close     2.0591   up  .0173

 

Well, down again.  That at least is the right direction.  Hoping the trend continues.  Heating oil is not dropping as fast as crude which is infuriating, but predictable.  It rises fast if the price of crude goes up,  and drops very slowly indeed when the wholesale price of crude drops, or even plummets.  They will ring every nickel out of us that they can.  More on Monday.


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