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John H.[_5_] John H.[_5_] is offline
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Default Fuel Prices Likely to Drop Again

On Thu, 05 Mar 2015 00:51:15 -0500, wrote:

On Wed, 04 Mar 2015 22:48:41 -0600, Califbill
wrote:

Wayne.B wrote:
The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php


$5 a toll on diesel Kona. $2.99 regular Costco.


we are seeing $2.29-$2.49 right around here. It can swing 20-30 cents
within a few miles so you have to look around.
There are a few places that are really gouging tho.


We have a Liberty getting $2.89, and not a half mile down Franconia is a BP wanting
$3.59. I've no idea how the BP sells any.
--

Guns don't cause problems. The behavior
of certain gun owners causes problems.