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Thread: Oil Slick Stuff

  1. #14905

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    8,868

    Default Re: Oil Slick Stuff

    Gas jumped up overnight 20 cents a gallon, from $2.69 to $2.89.
    May the force be with us.

  2.  
  3. #14906

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    51,580

    Default Re: Oil Slick Stuff

    E10 averaging $2.58 a gallon in BPGA!
    Links Crude Settle $70.96 05-14-2018
    +$.26 Gain




  4.  
  5. #14907

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
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    Default Re: Oil Slick Stuff

    gas.jpg
    Source: AAA
    Gasoline demand, meanwhile, was at a high 9.8 million barrels last week, just shy of the record of 9.86 million barrels, and it is expected to rise during the summer. Analysts say low unemployment and tax breaks could be pushing up demand as more people drive to jobs and vacations.
    "Certainly, we could see several weeks this summer where gasoline demand is in excess of 10 million barrels a day…We could see new weekly records set this summer," said Andrew Lipow, president of Lipow Oil Associates. Refineries are running at a high level, and utilization has been running over 90 percent.

    https://www.cnbc.com/2018/05/11/gaso...rd-demand.html
    Links Crude Settle $70.96 05-14-2018
    +$.26 Gain




  6.  
  7. #14908

    Join Date
    Apr 2008
    Location
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    8,868

    Default Re: Oil Slick Stuff

    Here on the North Coast according to "Gas Buddy" $2.75 to $2.99.
    May the force be with us.

  8.  
  9. #14909

    Join Date
    Jun 2004
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    Boiled Peanut, Georgia, USA
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    Default Re: Oil Slick Stuff

    Brent oil prices shoot past $80, with market rattled by Iran supply worries

    Published: May 17, 2018 7:50 a.m. ET

    Brent crude prices climbed past $80 a barrel Thursday, as Washington’s decision to reinstate sanctions on Iran continued to fuel a rally that has pushed the market to 3½-year highs.
    Brent crude LCON8, +0.79% , the global oil benchmark, was up 0.8% , or 74 cents, at $80.02 a barrel on London’s ICE Futures exchange, revisiting an earlier move past $80, its highest level since November 2014. On the New York Mercantile Exchange, West Texas Intermediate futures CLM8, +0.84% were up 66 cents, or 0.9%, at $72.14 a barrel.[more]

    https://www.marketwatch.com/story/br...ies-2018-05-17
    Links Crude Settle $70.96 05-14-2018
    +$.26 Gain




  10.  
  11. #14910

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
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    8,868

    Default Re: Oil Slick Stuff

    Hovering around $2.85 here on the North Coast.
    May the force be with us.

  12.  
  13. #14911

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    51,580

    Default Re: Oil Slick Stuff

    E10 averaging $2.67 a gallon in Boiled Peanut GA!
    Links Crude Settle $70.96 05-14-2018
    +$.26 Gain




  14.  
  15. #14912

    Join Date
    Jun 2004
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    Boiled Peanut, Georgia, USA
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    Default Re: Oil Slick Stuff

    Average price of US gas jumps 10 cents, to $3 a gallon



    Associated PressMay 20, 2018

    CAMARILLO, Calif. (AP) — The average price of regular-grade gasoline in the U.S. jumped 10 cents a gallon over the past two weeks to $3.00.
    Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price has spiked 41 cents over the past three months.
    Lundberg says the increase is largely driven by higher crude oil costs and the phasing-in of summer-grade gasoline, which is used to prevent smog.
    The highest average price in the contiguous 48 states was $3.79 in the San Francisco Bay Area. The lowest was $2.54 in Baton Rouge, Louisiana.
    The average price for diesel fuel rose 9 cents, to $3.23.

    https://www.yahoo.com/news/average-p...172505866.html
    Links Crude Settle $70.96 05-14-2018
    +$.26 Gain




  16.  
  17. #14913

    Default Re: Oil Slick Stuff

    I guess the oil companies wanted more profit. With increased stare and federal taxes on gas, maybe Trump will reach Obama's goal of $8/gal...

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  18.  
  19. #14914

    Join Date
    Oct 2008
    Location
    Stinking desert valley of bad air quality, AZ
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    2,494

    Default Re: Oil Slick Stuff

    Every place around here seems to be holding at $2.999 as if they are afraid to put up that 3.

  20.  
  21. #14915

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
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    8,868

    Default Re: Oil Slick Stuff

    Gas here on the North Coast has actually dropped a few pennies per gallon. One station at $2.79 but most everybody hovering around $2.80-$2.85
    May the force be with us.

  22.  
  23. #14916

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
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    51,580

    Default Re: Oil Slick Stuff

    E10 $2.64 to $2.69 a gallon in BP Georgia!!
    Links Crude Settle $70.96 05-14-2018
    +$.26 Gain




  24.  
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