oil down, gas up

[Tractorat]

Wow, oil is down from over $62 to just over $53 in just the last couple of weeks. Or a little over 15%.



At least in Washington, gas is up ($2. 63/gas, $2. 97/diesel in my local station). Another example of the market at work. Dont you just love it ?

 

[JFaughn]

Buy high sell low , rite .
I will have to admit that it is going down here , $2. 05 gas , drive by today , local news says some stations in area under $2. 00 .
But diesel is still $ 2. 57 winter blend at the same place .
My truck stop was $2. 51 # 2 last week , I better go fill up before it goes down ,

 

[Tractorat]

WOW !!! I was just back in Minn in Sept. (missed the tornado by a couple of days and about 100 miles) With those kind of prices, I may have to consider moving back that way.

We are very heavily taxed on fuel here in Washington, but that doesnt explain that much of a price difference.

 

[EODMAR]

This morning, for the first time in ages, I saw diesel cheaper than premiuim gasoline. Gas "2. 45". Diesel "2. 39" in Virginia Beach, VA

 

[JasonCzerak]

Buy high sell low , rite .

I will have to admit that it is going down here , $2. 05 gas , drive by today , local news says some stations in area under $2. 00 .

But diesel is still $ 2. 57 winter blend at the same place .

My truck stop was $2. 51 # 2 last week , I better go fill up before it goes down ,

which truck stop?

 

[DogDiesel]

Filled up in VA cheaper than that

$2. 25 Loves on I-95 Oo.

Other truckstops with similar price.

Wayne

 

[JFaughn]

JasonCzerak
Thats been the price for about a mth. not much fluctuating , its behind the Kenworth dealer on univsity av. in St. Paul , between that & the MTC transit maintance place , I'm always on the look out for truckstops , with #2 , so that I can keep the millage up , the lubricty , add my own additives .
1/3 bio 2/3 #2 warm weather , cold weather I'm stuck because my source is an above ground tank , it needs to be at least 40 deg. f. before mixing .

 

[jelag]

We're in Spokane 20 min from ID... . all our trucks hold 140 gal or so we make the trip to ID to buy it... . it must be 35 cents cheaper right now...

 

[jkalchik]

For the Twin Cities gang, Stockman's just north of 494 east of the river in S. St. Paul also frequently has good prices. The Pump House in IGH, and the Cannon Ball in Cannon Falls are at 2. 499 this morning.

 

[RustyJC]

Hmmm... $2. 299 for 93 octane premium unleaded to fill up the motorcycle this morning. That's down substantially in the last few weeks.



Rusty

 

[GOTSOOT]

Gas-$1. 98--#2diesel-$2. 33-South Carolina

 

[JFaulkner]

Wow, oil is down from over $62 to just over $53 in just the last couple of weeks. Or a little over 15%.



At least in Washington, gas is up ($2. 63/gas, $2. 97/diesel in my local station). Another example of the market at work. Dont you just love it ?

Not to re-hash this but the price of oil is just one factor in a large system that can affect the price. (i. e. refining compacity, formula switch, pipeline problems... ... . )

 

[Tractorat]

Thats true. But none of the other factors are in play right now. And, as you say, the cost of crude (very close to $50 now) is a substantial part of the cost. And it is way down.

 

[JFaulkner]

Thats true. But none of the other factors are in play right now. And, as you say, the cost of crude (very close to $50 now) is a substantial part of the cost. And it is way down.

None of those factors? Um... . ULSD is a pretty big switch, cold weather in the west, just had a huge travel holiday(s). All I'm saying is you can't only use the price of oil to try and predict the price of gas\diesel, there are way more factors involved. And for anyone who thinks I work for a oil company, well I wish. I spent over $25,000 dollars last month on fuel alone. :{

 

[hammersley]

Thats true. But none of the other factors are in play right now. And, as you say, the cost of crude (very close to $50 now) is a substantial part of the cost. And it is way down.

NOT ONLY THAT - BUT the demand for Heating Oil has plumetting DUE TO LACK OF DEMAND - because of an extremely WARM WINTER!!!!!! No Manipulation at all... ... ... ... .

 

[duckcarvr]

bad news!! on the evening news it said crude oil hit all time high today at $72 a barrel. do they make battery powered trucks that will pull a 5er ?

 

[Okie-Go]

Filled up yesterday for 2. 32. Cheapest I have seen in a while. Going to west Texas this weekend, can go all the way out and back home without stopping for fuel. Aux. tanks are nice.

 

[RustyJC]

bad news!! on the evening news it said crude oil hit all time high today at $72 a barrel.

What?? WTI (West Texas Intermediate) closed yesterday at $51. 88/bbl, down $2. 14/bbl. Check it for yourself HERE.



Rusty

 

[Tractorat]

Im not saying that ulsd is not a factor, however its been the only thing available here for quite a while now. As far as holiday travel, thats been over for a few weeks. But thats not even the point. Not only is diesel still way up, gas (which doesnt use usdl) is way up here in Washington. But, in Minnesota for example (where they have a similar gas tax rate), both gas and diesel are way down.

 

[Bob V]

None of those factors? Um... . ULSD is a pretty big switch, cold weather in the west, just had a huge travel holiday(s). All I'm saying is you can't only use the price of oil to try and predict the price of gas\diesel, there are way more factors involved. And for anyone who thinks I work for a oil company, well I wish. I spent over $25,000 dollars last month on fuel alone. :{

One other thing is the price you hear about today is for delivery a month or so from now