Thread: Oil Slick Stuff

Opinion: Why you should gush about oil prices getting drilled

Published: Jan 25, 2016 10:37 a.m. ET
Why you should gush about oil prices getting drilled - MarketWatch

Down to $1.43 in Biloxi MS

E10 jumped up 20 cents yesterday, in Boiled Peanut from $1.50 to $1.70 a gallon!!!!!! SUCKS!

EIA Petroleum Status Report

Released On 1/27/2016 10:30:00 AM For wk1/22, 2016

Economic Calendar - Bloomberg Prior Actual Crude oil inventories (weekly change) 4.0 M barrels 8.4 M barrels Gasoline (weekly change) 4.6 M barrels 3.5 M barrels Distillates (weekly change) -1.0 M barrels -4.1 M barrels

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CLH6 Future Quote - Crude Oil - Electronic Mar 2016 Future Price Today (CLH6:NMN) - MarketWatch

Just filled up for $1.459 at a Pilot station. $.20-.25 cheaper than everyone else. Why? Almost late '70s prices.

Remember when all the gas pumps had a 1 written on paper stuck in front of the price per gallon? Ever wonder what they had to do inside the pump to set the mechanical computer for more than a dollar per? In most cases nothing. The lever for 1-9 dollars was always there. Conspiracy theory-who knew what when?

PO

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Filled up my 4Runner with E10 for $1.49 a gallon this morning.

Kiss your cheap gas GOOD-BYE!
Obama to Propose a $10-a-Barrel Fee on Oil

By CORAL DAVENPORT FEB. 4, 2016

WASHINGTON — President Obama’s budget request to Congress will include a new fee on oil companies, requiring them to pay $10 to the federal government for every barrel of oil they produce, the White House said on Thursday.
The money, which could bring in up to $32 billion in new federal revenue annually, would be spent on a variety of transportation and infrastructure projects, including bridges and highways, high-speed rail and research on advanced vehicles such as electric and self-driving cars.
The proposal to further increase costs for fossil fuel production is part of a broader effort by Mr. Obama to fight climate change. The goal is to make it more expensive to produce and consume energy sources that emit planet-warming greenhouse gases while stoking the market for clean, renewable sources of energy such as wind and ar.

About 30 percent of the nation’s greenhouse gas emissions come from vehicles, and investing in high-speed rail and cleaner vehicles could help lower those emissions.
http://www.nytimes.com/2016/02/05/bu...s&emc=rss&_r=0

Paid $1.33 a gallon this morning for E10.

Looks like the price of a barrel is back below $30 a barrel today too.

Going down......

CLH6 Future Quote - Crude Oil - Electronic Mar 2016 Future Price Today (CLH6:NMN) - MarketWatch
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