The Think Tank

 Prices for today:

Larsen Oil    503 281 0003    200g  2.42      400g  2.38

Pulliam Oil   503 564 4968     200g  2.39      400g  2.33

Interesting, today Pulliam dropped 3 cents for 200g  and 5 cents for 400g and Larsen stayed the same price as yesterday. I wonder if it is because Larsen is not buying any oil today, rather is selling oil purchased yesterday therefore no change in price.  I may have to go there and ask the question.  But, the market price rose yesterday so I am stumped as to why Pulliam dropped the price.  Hmm.

 11/04/09   close   80.69             CRUDE          11/05/09  close    79.62   down  1.07

  11/04/09   close   2.0919     HEATING OIL    11/05/09  close   2.062   down  .0299

It is sort of a roller coaster ride.  Let’s see what tomorrow brings.  Today was odd in that the market went up but all things related to fuel oil went down, if only slightly.

Today’s prices are:

Larsen Oil    503 281 0003   200g   2.42      400g  2.39      up 3 cents

Pulliam OIl  503 564 4968    200g   2.41      400g  2.39     up 10 cents

11/03/09  close  79.42    CRUDE                     11/04/09   close   80.69     up  1.27

11/03/09  close  2.0667   HEATING OIL   11/04/09   close   2.0919   up  .0252

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.

Todays price for home heating oil is:

Larsen  503 281 0003   200g  2.33     400g  2.30

Pulliam 503 564 4968   200g  2.31      400g  2.28

So today’s home heating oil prices are down, 9 cents a gallon at Larsen and 7 cents per gallon at Pulliam from Friday.

10/30/09    close  77.00     CRUDE                      11/02/09    close   78.12   up 1.12

10/30/09   close  1.9811     HEATING  OIL       11/02/09   close  2.0441  up .0630 

Interesting to note:  Heating oil lost .o630 on Friday, and gained .0630 today.  Odd that it is exactly the same number.

Hm   yesterdays close was up almost exactly what it was down the day before.  Strangely yesterdays purchase price did not change at all despite the drop in wholesale price.  Then yesterdays close basically undid the previous days loss, and wait for it ….. the price we pay went up.  So when the market closes low,  no change,  market closes high   price goes up.  Not so good

Larsen Oil   503 281 0003    200g   2.42    400g  2.39

Pulliam Oil  503 564 4968    200g 2.38      400g  2.35

10/29/09  close   80.00         Crude                   10/30/09  Close 77.00    down 3.00  barrel

10/29/09  close   2.0542      Heating Oil      10/30/09  Close  1.9811   down .0630  gallon