The Think Tank

Oil Prices

Oil Prices 11/21/2013

by on Nov.22, 2013, under Oil Prices

Our oil was delivered today, 400 gallons at 3.28 = 1312.00 .  Even though I was trying to wait to turn on the furnace until Thanksgiving, I had to turn it on today about 4 pm.  It had been below freezing the past 2 mornings, and this morning it was only 25 degrees.

Best OIl 200g 3.31 400g 3.29 UP  .01
Pioneer Oil 200g 3.40 400g 3.38 UP  .04
——————————————————————————————————————————————————-
 11/20/13 Close 93.33 Crude 11/21/13   Close     95.44  up  1.11
11/20/13   Close 2.95 Heating Oil 11/21/13   Close  3.01

I was worried the darned price would go down, which of course I want it to do, but it makes me feel bad when I pay ??? and the next day it is cheaper day after day.  Today it went up a penny, so not too bad.  I sort of expect it to go up again tomorrow.  I will try to update this often and track the prices.

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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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Heating Oil Prices dropped today !

by on Nov.19, 2013, under Oil Prices

Did not have lots of time to check all the prices today, but crude oil dropped today, and hooray so did heating oil.  For 400 gallons, the priced dropped 3 cents to 3.28.

Strangely, on our way to Seattle on Friday with my 20 cents off at Safeway, I paid 2.86 for gasoline.  Wish heating oil would go that low !

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Oil Prices November 15 2013

by on Nov.15, 2013, under Oil Prices

Well I do not understand how it works but …..the price for crude keeps falling, gasoline prices fall, and heating oil rises.  Since the low of 3.25 per gallon at the 400 gallon mark, it has risen 6 cents to 3.31 today.  I am hoping it drops this evening.  My decision to wait a day and see if it dropped (last week) has resulted in a steady rise, so now my 400 gallons will cost 24.00 more than had I popped for it when it dropped to 3.25.  Not much time left, I am going to have to buy it soon.

Best OIl 200g 3.3.33 400g 3.31 Up .02
Pioneer Oil 200g 3.42 400g 3.40 Up .02
——————————————————————————————————————————————————-
 11/11/13 Close 93.04 Crude 11/14/13   Close     93.76  up  0.72
11/11/13   Close N?A Heating Oil 11/12/13   Close  N/A 

the price is down from yesterday but I have not updated this chart for a few days.  IF the price drops again today,  I hope the price of heating oil drops.  keep your fingers crossed.

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Heating Oil Prices 11-13-13

by on Nov.13, 2013, under Oil Prices

well, doggone it ,  The price has gone up a penny a day since Friday until today.  Yesterday it was 3.28 per gallon when you purchase 400 gallons, which is my plan.  Today it has dropped a penny to 3.27 per gallon / 400 gallons.  Hope it drops again tomorrow.

today the price of crude dropped by 2.10 per barrel which caused the price for heating oil to drop, not much but it did drop.

Best OIl 200g 3.29 400g 3.27 Down .01
Pioneer Oil 200g 3.37 400g 3.32 Down .01
——————————————————————————————————————————————————-
 11/12/13 Close 95.14 Crude 11/12/13   Close     93.04  down  2.10
11/11/13   Close N?A Heating Oil 11/12/13   Close  N/A

these prices are virtually the same as on 12/02/2011.  Amazing.

some more prices for you:

Best Oil  50 gallons today is $ 4.14 per gallon =   $ 207.00

100 gallons is 3.51 gallon,   =  351.00

150 gallons is 3.41 gallon    =  511. 50

200 gallons is 3.29 gallon   =  658.00

400 gallons is 327 gallon   = 1308.00

600 gallons is 3.25 gallon   =  1950.00

those numbers sort of prove that it takes money to be poor.  Those who can afford the least pay the highest prices.  Seems wrong somehow, doesn’t it?

Hopefully the price will make its way back down to 3.25 or below in the next few days.  I would like to pay no more than that, or LESS.  Keeping my fingers crossed.

I checked it at close of business today  the 13th of November and the price of crude went up .80 today . so the price of heating oil went to 3.29 for 400 gallons.  So it went down 2.10 cents and the price dropped a cent, it went up less than a dollar and it rose 2 cents.  This is seriously a racket. It should be illegal.

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