The Think Tank

Sorry this post is late.  Friday, Chris and Joel left for Florida to witness the last nighttime launch of the space shuttle.  Had to go to the airport at 4:30am after 2 hours sleep.  Came home and watched the open of the market and fell asleep.  Awoke at 10a, ate breakfast, gave the Growler her tuna and medicine, and went to Ingers.  Got home around 6:30p.  Ate dinner, fed the cat her medicine and forgot about oil prices.  Yesterdays temperature was a wonderful sunny 55 degrees, with an east wind.  How nice for early February.  The market dropped yesterday, significantly.

Today, Saturday is still dry.  It is warm still, just not as warm as yesterday.  Forecast for today is 51.  Mostly dry.  The East from Missouri, Kentucky, North Carolina, Virginia, New York, Washington DC are getting hammered with what may be a 100 year snow storm  2 to 3 feet of snow forecast for Fri, today Saturday, and Sunday.  Yikes.  A bit of this storm is hitting Florida.  Hoping that the rain misses Cape Canaveral and the Kennedy Space Center and that the launch goes off as planned.  Chris and Joel are there fulfilling a childhood dream.  I am so happy for them.

Well, sorry for the missed posts.  The price was rising, I was busy and it was a little depressing.  The price rose Monday, Tuesday, and Wednesday, today however the price is dropping.  That is a good thing.  Since yesterday the heating oil is down, .0384 or nearly 4 cents.  Since Monday, crude has dropped 4.11 per barrel.  It is still up from Friday but not much.  I hope the drop continues tomorrow so we have a net loss for the week.

The lady at Larsen Oil said that the price today was “down” today.  She said it seems that it will “drop right back down”, after going way way up the first of the week.  As you can see it is up 7 cnets at Larsen and 11 cents at Pulliam since last Fridays close.  I sure hope the drop continues.

No changes in home heating oil prices again today.  Very strange.  Wholesale prices dropped a teensy bit near every day this week and prices have not changed.

Surprisingly, there was NO drop in home heating oil prices yesterday, even though the wholesale price dropped nearly a nickel yesterday.  HMMM.  Yesterday was sunny and 56, today is sunny with clouds and nice but not as nice.  Unfortunately, rain is forecast every day for the next 5.  YUCK

Todays weather is bright and sunny, temps in the mid 50’s and lows in the high 30’s and low 40’s, above normal and predicted to stay that way for several days.  Tomorrow is supposed to be sunny as well.  I like it.

Prices were down on the market at the close today.  Down 1.46 for crude and down almost a nickel for heating oil.  Tomorrow should see a drop in home heating oil prices.