The Think Tank

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.

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.

Well, the prices are falling on Wall Street.  The prices are not falling as quickly or as far as the crude and wholesale prices are.  I guess that is not surprising.  I think it is dreadful.  The prices rise the very day the wholesale / market price increases.  Yet when the wholesale / market price drops, the retail / at the pump price drops VERY SLOWLY.  I guess the oil corporation NEED the record profits much more than homeowner / drivers etc need money to heat their homes, buy food, pay rent, pay for prescriptions etc etc etc.  I certainly wish our leaders would address this sanctioned robbery of the common man and hold the large corporations accountable.

Shucks, for a Christmas present for the oil companies the price of heating oil has gone up.

it is $ 3.45 gallon when you purchase 400 gallons and 3.48 when you purchase 200 gallons at Best Oil .  They continue to have the best prices I can find.  At Larsen Oil/Discount Oil/McCalls Oil, it is $ 3.57 when you purchase 400 gallons and $ 3.59 per gallon when you purchase 200 gallons.  Yikes !  That is quite an increase.  I hope it goes down SOON.

The last time the stock market closed crude oil was 99.22.  I certainly hope the price drops today.  It would be nice to start the new year off with lower prices.

That is quite a difference.  Man I hope it comes down again.  I wish someone would/could start a company, non profit that sold wind turbines and solar panels to home owners so we could unplug from the grid.  If heating oil were a CHOICE rather than a necessity, the price would come down.  Til then, the oil corporations can and will continue to inflict pain and suffering and uncomfortable choices ( heat or food ?) on its customers.

Well, the stock market had a good day, and heating oil prices went up today,  4 cents per gallon.  Doggone it.  Seems that Congress and the Government could stop speculators from having such a critical impact on ordinary folks.  The rich don’t pay the same percentage of their income to heat their homes so expensive fuel oil and gasoline do not hurt them to the same degree it does the little people.