The Think Tank

Oil Prices today 1 21 2014

by on Jan.21, 2014, under Oil Prices

The prices are going up.  Prices dropped during the last month, rather significantly for investors and oil companies.  Strangely (said she facetiously) the prices at the pump did not drop anywhere near as significantly.  Stock Market prices dropped about 10 dollars a barrel.  The price at the gas pump went down about 20 cents.  Heating oil prices did not drop but about half that much.  Now the price has gone up 4 dollars a barrel in the last several days and lo and behold the price at the pump (both gas stations and heating oil prices) are on the rise.  heating oil is up 6 cents as of today.

Best OIl  1/21/2014 200g 3.40 400g 3.37 up. 06
Larsen/Discount/First Call  1/21/2014 200g 3.57 400g 3.49 down .02
——————————————————————————————————————————————————-
 01/06/14  Close 93.43 Crude   1/21/114 Close   94.37 up
 up   .94

Larsen / Discount/ First Call seems to lag behind in changing prices.  I anticipate the price will rise in a day or two.  Lets hope the price reverses it self and drops again.


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