The Think Tank

Oil Prices today, Nov. 18, 2010

by on Nov.18, 2010, under Oil Prices

I ordered oil today.  The only good thing I can say is I did not pay as much as my neighbor.  Two months ago she paid 3.18 per gallon.  Today I paid 2.76 per gallon.  So I got 5 gallons fewer than I did last year, for 100 dollars more money.  Ouch.

That being said, the price has been dropping steadily for about 4 days.  Now it did not drop wildly, as I had hoped, but it did drop.  And with the weathermen all saying the temperature will drop and we may even see snowflakes on the valley floor, I HAD to order.  And, as luck would have it the price of oil went up today, and it made up all the ground it lost in the past week.  How does it do that?

Larsen Oil 503 281 0003   200g 2.76 400g       2.73  ?
Pulliam Oil 503 564 4968   200g 2.81 400g 2.70 up  .30
——————————————————————————————————————————————————-
11/17/10  Close       80.44          Crude   11/18/10   Close      
11/17/10  Close   2.29   Heating Oil   8/16/10   Close      

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