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Thread: Oil Slick Stuff

  1. #13225

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    Default Re: Oil Slick Stuff

    E10 averaging $3.26 in Boiled Peanut GA!



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  3. #13226

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  5. #13227

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    Default Re: Oil Slick Stuff

    Aug. 5, 2013, 10:03 a.m. EDT
    Oil slips; MidEast tensions limit losses

    By Victor Reklaitis and Carla Mozee, MarketWatch
    NEW YORK (MarketWatch) — U.S. crude-oil futures dipped on Monday, but concerns about Middle East tensions kept losses in check.
    Crude oil for September delivery /quotes/zigman/2291784 CLU3 -0.90% pulled back 97 cents, or 0.9%, to $105.97 a barrel on the New York Mercantile Exchange.
    The contract could stay around current levels given the Mideast headlines and economic optimism in the U.S., according to Jay Levine, technical analyst with Enerjay LLC.
    “If we get any stability in the Middle East, I think crude oil is ripe for a potential drop,” Levine told MarketWatch. He also said: “Until that calms down or gets resolved, which is not likely any time soon, I’m afraid we’re dealing with these higher prices.”
    Oil slips; MidEast tensions limit losses - Futures Movers - MarketWatch



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  7. #13228

    Default Re: Oil Slick Stuff

    Quote Originally Posted by nnuut View Post
    Aug. 5, 2013, 10:03 a.m. EDT
    Oil slips; MidEast tensions limit losses

    I really think OPEC hires Al Qaeda to stir up some threats of terror to cause the price of oil to rise..I honestly think there is an agenda here..
    A wise man speaks when he has something to say...A FOOL speaks when he just has to say something

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  9. #13229

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    Default Re: Oil Slick Stuff

    Quote Originally Posted by Buster View Post
    I really think OPEC hires Al Qaeda to stir up some threats of terror to cause the price of oil to rise..I honestly think there is an agenda here..
    I think you are spot on!



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  11. #13230

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    Default Re: Oil Slick Stuff

    EIA Petroleum Status Report
    Released On 8/7/2013 10:30:00 AM For wk8/2, 2013
    Prior Actual
    Crude oil inventories (weekly change) 0.4 M barrels -1.3 M barrels
    Gasoline (weekly change) 0.8 M barrels 0.1 M barrels
    Distillates (weekly change) -0.5 M barrels 0.5 M barrels
    Economic Calendar - Bloomberg
    Highlights
    A dip in imports together with strong demand from refineries made for another draw in oil inventories, down 1.3 million barrels in the August 2 week to 363.3 million. This is the fifth draw in the last six weeks.

    Refineries, operating at a very active 90.9 percent of capacity, increased both gasoline and distillate output in the week contributing to inventory builds for both products, up 0.1 million barrels for gasoline and up 0.5 million barrels for distillates.




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  13. #13231

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  15. #13232

    Default Re: Oil Slick Stuff

    E10--->$3.20 today
    A wise man speaks when he has something to say...A FOOL speaks when he just has to say something

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  17. #13233

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    Default Re: Oil Slick Stuff

    E10 averaging $3.25 9/10 today down here in GA.



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  19. #13234

    Default Re: Oil Slick Stuff

    E-10 now $3.15 today

    The gas was this low when oil was in the $80's/bbl range...see how the price of oil and gas prices don't make any sense.
    A wise man speaks when he has something to say...A FOOL speaks when he just has to say something

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  21. #13235

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    Default Re: Oil Slick Stuff

    Quote Originally Posted by Buster View Post
    E-10 now $3.15 today

    The gas was this low when oil was in the $80's/bbl range...see how the price of oil and gas prices don't make any sense.
    Yer right AGAIN, doesn't compute, it's that Government Regulation.



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  23. #13236

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    Default Re: Oil Slick Stuff

    Or is it Government's misguided regulation?



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