The Think Tank

Oil Prices Today Nov. 23, 2011

by on Nov.23, 2011, under Oil Prices

Well,  I have been terribly remiss about postings.  I have been checking and oil prices have been so erratic, it has been difficult to decide when to order fuel.  Unfortunately, when the prices were low.  I was short of funds, so I waited and watched.  UP UP UP went the price.  Finally, with quite cold weather in the forecast I ordered.  We paid 3.72 per gallon.  The price immediately dropped, and has not risen to that price again.  OMG do I feel dumb.  I really thought, and luckily said so in the presence of others that the price would be falling and it did.  Today, the price is 3.52.  I could have purchased   11 1/2 more gallons of fuel at the lower price.  And since I have waited through the cold, to wait to turn on the furnace til Thanksgiving day,  I could have saved quite a bit of money.  If only I would win the lottery, I could order any old day the price is low.

Larsen Oil 503 281 0003   200g 3.52 400g       3.47  no change
First Call Oil 503 231 3311   200g unk 400g unk no change
——————————————————————————————————————————————————-
 08/08/11 Close        97.30 Crude   11/23/11   Close        80,34  up 16.97  
 08/08/11   Close    2.78 Heating Oil   11/23/11   Close   2.99 up .021

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