New Year New Prices, Oil prices today 01 – 07 – 2014
by Sue on Jan.07, 2014, under Oil Prices
| Best OIl | 1/6/2014 | 200g | 3.34 | 400g | 3.31 | down .10 |
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| Larsen/Discount/First Call | 200g | 3.59 | 400g | 3.53 | up .04 | |||
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| 12/24/13 Close | 99.22 | Crude | 1/06/114 Close | 93.43 | up |
down 5.48 |
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Well, the prices are falling on Wall Street. The prices are not falling as quickly or as far as the crude and wholesale prices are. I guess that is not surprising. I think it is dreadful. The prices rise the very day the wholesale / market price increases. Yet when the wholesale / market price drops, the retail / at the pump price drops VERY SLOWLY. I guess the oil corporation NEED the record profits much more than homeowner / drivers etc need money to heat their homes, buy food, pay rent, pay for prescriptions etc etc etc. I certainly wish our leaders would address this sanctioned robbery of the common man and hold the large corporations accountable.
