The Think Tank

Oil Prices today 4 2 2020

by on Apr.02, 2020, under Frontpage, Oil Prices

Well, our quarantine/shelter in place/stay home stay safe continues.  10 million people have applied for unemployment in the past 2 weeks.  People are out of work.  Despite Trump and the Republicans dumping Trillions into the stock market, promising to rescue big business,  stock market is still falling, oil is at record low prices for crude.  Heating oil and gasoline prices are falling  but not nearly so fast as crude prices.  I have noticed historically that when crude prices go up,  gasoline and heating oil prices rise immediately.  Sometimes several times a day.  When the prices drop,  the gasoline and heating oil prices drop  very slowly.

there they are for today:   down 6 cents per gallon from yesterday

Gallons Price
Per Gallon
Per Gallon
*50+ 3.69
*100+ 2.49
*150+ 2.25
*200+ 2.12
*400+ 2.09
*600+ 2.07

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