The Think Tank

Sorry folks,  busy day, helping Louise, Inger and Fran.  And I started the day out by scouring the paper and craigslist, etc for jobs and filling out apps and sending resumes etc.  One of these days SOMEONE will want me.  So no prices today, got home too late.

Today was in the mid 50’s and gray to start, then bright and sunny and by 5 or so, pouring down rain.  Tomorrow is supposed to be nice and dry.

I saw on the news that today is the most depressing day of the year.  No one is sure why.   The price of home heating oil did drop due to Fridays drop on Wall Street.  The price for home heating oil today lower than at any time since the first of October.  That is good news.

Market closed up today.  Tomorrow’s home heating oil will probably go up.  Too bad.

The prices for crude and heating oil are falling.  For consumers like us, that is a GOOD THING.  Finally the home heating oil prices are falling too.  For the first time since October 12, 2009 the price per gallon is  2.25 for the 200 gallon price.  Today the price for 200 gallons at Larsen is 2.25 per gallon. The price for 400 gallons is 2.22.  The price should be lower tomorrow.  I should mention that Larsen oil gives a 3 cent per gallon discount for seniors.  Makes a difference.

 Our weather continues to be warm.  The high temperature yesterday, Jan 21 was 57.  There was sunshine and cloudy periods with only a dash of rain.  Today is cloudier, but very little rain so far although rain is forescast for this affternoon.                                                                                        

Good News for us today.  Crude dropped today $ 1.34 per barrel and heating oil dropped .0494, almost a nickel per gallon.  That SHOULD drop the home heating oil price for Monday.  As Martha says,  “that is a GOOD THING”.

The market fell today.  Both crude and heating oil fell on the market at the close.  Strangely there was no drop in home heating oil price at either Larsen or Pulliam.

Tomorrow should see a drop in home heating oil prices.  Crude dropped quite a bit and heating oil is down almost three cents per gallon.  We shall see.

Home heating oil prices changed very little overnight.  Larsen stayed the same, and Pulliam dropped 3 cents.  Prices seem to be dropping today, so hopefully tomorrow will be brighter.  I was away from the house yesterday when the market closed,  busy with a dinner and late Christmas celebration last night so I don’t know the closing market prices for the 18th.  I will get the ones for this afternoon.

So the price fell today.   Heating oil fell almost 4 cents per gallon.  And crude fell 87 cents per barrel.  That is good. 

Last weeks weather was high 40’s and low 50’s and mostly rainy.  Yesterday was rainy and warm with temps around 52.  Monday was 57 in Portland, spring like.  Warm, rainy and windy.  More tomorrow