The Think Tank

Oil Prices Monday Dec. 16, 2014

by on Dec.16, 2013, under Oil Prices

Best OIl 200g 3.32 400g 3.28 down .04
Larsen/Discount/First Call 200g 3.42 400g 3.41  N/C
——————————————————————————————————————————————————-
 12/12/13  Close 97.44 Crude 12/13/13   Close     96.60 down .84

well, again today, heating oil dropped at Best Oil.  This is the best price since we bought ours the week before Thanksgiving.  Hopefully the price will continue to drop.

Larsen/Discount/First Call Oil does have some discounts.  4 cents off for cash,  2 cents off for senior citizens, and new customers can receive 10 free gallons with their first order.  I am not certain if a check is the same as cash as far as their discount is concerned.

The price of crude went up today on the stock market, a little more than a dollar, so it will be interesting to see if fuel oil goes up tomorrow.  So far I have not really seen a perfect relationship between crude , heating oil, gas prices and the market.  If crude goes up, sometimes heating oil goes down,  vice versa, and there is never a quick turnaround when the price drops and drops and drops.  For heating oil and gasoline to drop at the pump takes a lot longer than when it goes up.  Interesting.  I will keep watching.


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