Weekly Wholesale Gasoline/Diesel Pricing #18

T_Bone

Well-known Member
The (+/-) is the change from the previous week

Gasoline= $0.91 (-$.31)

Diesel= $1.43 (-$.30)

WT Crude= $41 (-$13)

Gold= $752 (-$67)

Current WT crude low bottom $41 made on 12/05/08

OPEC cut 1.5m/bbl/day from production on 10/24/08

T_Bone
 
Kinda wonder where this will end- I'd of thought we'd have found the bottom already. OPEC cut back production, but it didn't have much effect on the price freefall. They really can't cut production much more- they have to sell a certain amount, regardless of price, to keep themselves going financially (can't eat oil, and they can't grow anything in their deserts). I'm lovin' it. About to go out and buy some barrels to fill.
 
Dayum...

At this rate we might yet see $1.35 gasoline again.

I wonder with all the layoffs being announced, how much fewer commuters is affecting gas prices too.
 
Thanks T Bone, the news I heard today said gas may go below $1.00 a gallon soon!!!!!! Need to get me a few 55 gallon drums also. David............
 
Hey David,

My kid was helping set up a new farm. The county was having a fit over there 1000gal diesel storage and wanted a $10k container system.

If we mounted that 1000gal tank on a trailer then it was a DOT problem and not a county problem. If the trailer never left the property then it was no ones problem.

T_Bone
 

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