The Think Tank

Nov. 3, 2009 today’s oil prices

by on Nov.03, 2009, under Oil Prices

Larsen Oil 503 281 0003 200g 2.39 400g 2.36      UP    6 cents today
Pulliam Oil 503 564 4068 200g 2.31 400g 2.28     No Change Today.

11/02/09 close 78.12      CRUDE               11/03/09 close    79.42   up 1.30
11/02/09 close 2.0441    HEATING OIL    11/03/09 close   2.0667  up .0226

Back on 10/28, the last time the heating oil price was 2.39 and 2.36  oil closed at 79.39.   That is 1.27 cents per gallon more than yesterdays close of 78.12, and the price per gallon to the consumer is exactly the same.  Does not seem right, does it?  It will be interesting to see what happens in the summer when the demand is much less.


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