The Think Tank

Friday May 21, 2010 Oil Prices Today

by on May.21, 2010, under Oil Prices

GoodAfternoon.  Well the market rallied today, closing up 126. 38.  Crude Oil went down again.  Home Heating oil rose , just barely.  Lets see what happens MOnday.

Larsen Oil 503 281 0003   200g 2.39 400g 2.34 n/c
Pulliam Oil 503 564 4968   200g 2.38 400g 2.36 n/c
——————————————————————————————————————————————————-
5/20/10    Close 69.26 Crude   5/21/10   Close  6801   down     1.25
5/20/10    Close 1.8910 Heating Oil   5/21/10   Close     1.8967   up        .0057

 I am uncertain why Pulliams price did not fall today. It certainly should have fallen.  And Larsens price remains the same because they were not anwering the phone today.  that is odd in itself.  Crude dropped today, you would think that would be reflected in the price on Monday.  We shall see.  Experts are predicting the markets to remain volatile until Europe gets a handle on their economic crisis.  I hope the price of oil continues to drop, as far as I am concerned that is a good thing.  Have a great weekend.


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