Thread: Oil Slick Stuff

Crude Oil - Electronic (NYMEX) Apr 2013, CLJ3 Future Quote - (NMN) CLJ3, Crude Oil - Electronic (NYMEX) Apr 2013 Future Price
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Gas holding for last three days at $3.30 (E10)

Originally Posted by Buster

Gas holding for last three days at $3.30 (E10)

$3.43 around here, Holding!

Crude Oil - Electronic (NYMEX) May 2013, CLK3 Future Quote - (NMN) CLK3, Crude Oil - Electronic (NYMEX) May 2013 Future Price
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Why are gasoline prices stuck at these high levels, one reason is:
Rail to Become New Key Player in Crude Transportation

by Robin Dupre
Rigzone Staff

Monday, March 18, 2013

While America has gone through an energy transformation, so have railways, thanks to shale production growing faster than available pipeline space. Although rail is typically more costly than pipelines, railcars are able to reach markets that pipelines don't, particularly North Dakota's Bakken formation, yielding higher prices for producers.
This trend is not temporary. Small amounts of crude have long been transported by rail, but since 2009, the increased movements have been significant. U.S. railways have seen a boost in transportation of crude oil and petroleum products in the first half of 2012 by about 38 percent, compared to the same period in 2011, according to the U.S. Energy Information Administration.
RIGZONE - Rail to Become New Key Player in Crude Transportation

Daily Fuel Gauge Report--national, state and local average prices for gasoline, diesel and E-85.
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Great move! Brace yourself for higher priced commodities!
States eye gas tax hikes to cover cash shortfalls, transportation projects

By Joseph Weber
Published March 23, 2013
FoxNews.com

Governors in cash-strapped states are revving the motor on efforts to hike the gasoline tax to cover shortfalls or pay for transportation projects -- frustrating drivers, Republican lawmakers and others in a delicate economy.
The tax hikes mean that drivers could soon be paying more at the pump, even if the price of fuel goes down.


Read more: States eye gas tax hikes to cover cash shortfalls, transportation projects | Fox News

Gas up .06 today to $3.36

Originally Posted by nnuut

Great move! Brace yourself for higher priced commodities!
States eye gas tax hikes to cover cash shortfalls, transportation projects

By Joseph Weber
Published March 23, 2013
FoxNews.com

Governors in cash-strapped states are revving the motor on efforts to hike the gasoline tax to cover shortfalls or pay for transportation projects -- frustrating drivers, Republican lawmakers and others in a delicate economy.
The tax hikes mean that drivers could soon be paying more at the pump, even if the price of fuel goes down.


Read more: States eye gas tax hikes to cover cash shortfalls, transportation projects | Fox News

Remember when in one of the On again Off again times Ross Perot was running for President?..He wanted to add $.50/gallon tax back then..thank God he wasn't elected...course, look who we have now...Hmmmmmm

Originally Posted by Buster

Remember when in one of the On again Off again times Ross Perot was running for President?..He wanted to add $.50/gallon tax back then..thank God he wasn't elected...course, look who we have now...Hmmmmmm

As many know and see in retail and food prices when the cost of transportation rises the price of the items delivered follow which includes the price of transport that manufactures and providers of all other commodities pay, even the price of our gasoline goes higher because the cost of transporting Oil and Gas is higher. Catch 22 a vicious cycle!

Crude Oil - Electronic (NYMEX) May 2013, CLK3 Future Quote - (NMN) CLK3, Crude Oil - Electronic (NYMEX) May 2013 Future Price
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Oil prices getting frisky.