The Think Tank

Oil Prices

Oil prices October 18, 2017

by on Oct.18, 2017, under Oil Prices

well, prices are high this year.  I just bought 400 gallons,  price 1100.00.  OUCH.  2.75 per gallon.

Last year   it was 2.28 per gallon, year before that 2.11.

lets see if I can do a better job of checking prices this year.

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Oil Price today Nov 5, 2015

by on Nov.05, 2015, under Oil Prices

I ordered oil to be delivered yesterday.  The price was 2.11 for 400 gallons.  That is what I ordered.  He did not deliver it yesterday as I had to leave to take Opal to the ER.  I left the payment on the back porch,  he looked on the front porch and left.  He came back today.  Today the oil was 2.13 per gallon.

My last oil company locked the price the day you ordered it.  I am quite curious if the price you pay goes down, if the price on the market goes down between when you order and when it gets delivered.  I believe I will ask for just that.

I had intended to order more fuel.  But as last year the price dropped by 23 cents almost as soon as I got my fuel, and as I believe the price of fuel oil will follow the price of gasoline,  I am going to wait just a bit,  and perhaps order more in January.  I will keep you posted.

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Oil prices today 15 Sept 2015

by on Sep.15, 2015, under Oil Prices

well, the prices at the pump have been falling for about a week.  Not as far as one might suspect they would fall, but falling gasoline prices is a good thing.

At Fred Meyer stations and Costco,  all grades are under 3 dollars per gallon.  Hopefully they will continue to drop.

Heating oil prices have been going up.  I suppose that is to be expected as this is the time of year when we buy heating oil and the bastards in charge of oil sales are not required to keep prices in line with cost.  But are allowed to gouge what they can out of us. Observe why furnace making whistling noise to inform HVAC technician about the problem.

today the stock market prices were:

crude oil     44.07  per barrel  which is down 1.4 %

gasoline       1.30 per gallon     which is down 4.8%

heating oil  1.50 per gallon       which is down 3.0 %

prices should continue to fall.  Hoping for the best which is low low prices for us

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OIl Prices today Aug 25 2015

by on Aug.25, 2015, under Oil Prices

Prices continue to fall,  which is good for me.

Today crude closed at 38.22 per barrel,  down 12 cents from yesterdays low.  Today heating oil closed at 1.27  per gallon which is down 15 cents from yesterdays close.  Gasoline closed at 1.40 per gallon  which was actually up .08 cents.  I wonder if the price at the pump will rise today to reflect that.  It has not gone down to reflect the BIG drops of the last few days of trading ,  but I guess that is for a good reason.  They make more money when we pay more money.

The price at Best Oil,  bestoilpdx.com 503 248 4444  stayed the same.  But it may change this evening,  I will continue to check.

 

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Oil Price today Aug. 21,2015

by on Aug.21, 2015, under Oil Prices

The price for crude oil continues to drop.  It dropped below 40.00 briefly this afternoon.  It closed ( I don’t get this part but several agencies report different prices) at 40.08 to 40.25,  At any rate that (or those) are down more than a dollar since yesterday.  When I just checked the price of heating oil had not changed from yesterdays price,  but I will continue to check.  I am willing to bet that the pump price has not dropped.  Had the price per barrel risen by more than a dollar,  you can bet your first born child, the price at the pump would have risen significantly.  I admit it,  I am a cynic.

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