The Think Tank

Nov 20, 2013 Heating Oil Prices

by on Nov.20, 2013, under Oil Prices

Best OIl 200g 3.30 400g 3.28 Down .03
Pioneer Oil 200g 3.36 400g 3.34 Down  .04
——————————————————————————————————————————————————-
 11/14/13 Close 93.76 Crude 11/20/13   Close     93.33  down  0.43
11/19/13   Close 2.91 Heating Oil 11/20/13   Close  2.95

Okay,  it got down to 30 last night, and it might get into the 20’s tonight so I broke down and ordered oil today.  I paid 3.28 per gallon for 400 gallons.  That is 21 cents per gallon less than we paid last year.  That is good, but I was, of course, hoping for a better price.

It is still very curious to me how crude oil can drop in price, and gasoline can drop in price as a result of the crude oil price drop, and yet heating oil can rise in price.  It is because they (big oil) know we need it, so they rape and pillage as much as they can.  They make kazillions while destroying the economy.  Wish our elected officials would stop them.  Every time there is a congressional committee that looks into it, or threatens new taxes on their profits they stop and the price goes down a bit.  Oh well.

Now to see if the price drops in the next week, as it always seems to do.  Perhaps when I win the lottery I will simply buy oil frequently, thereby guaranteeing the price will drop constantly, just after I purchase it.  🙂


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