From Breitbart.com:
BIG SPRING, Texas (AP) - An explosion rocked
an oil refinery Monday in a violent blast that shook buildings miles
away and injured at least one person, the company said. All
workers were accounted for about an hour after the explosion, said
Blake Lewis, spokesman for refinery owner Alon USA. The injured worker
was in the hospital, but [...]
0 comments Monday 18 Feb 2008 | Patrick | Commentary
Speedway has just set the price of $3.19 at their stations this morning (fill up!), but the larger question- is this the start of the ugly mess called the “Spring Run-up”? I’m pretty sure this is it… just like the Nazi submarine in the movie U-571… we’re going up and can’t slow our ascent! We’re [...]
1 comment Monday 18 Feb 2008 | Patrick | Predictions
After watching the market the last week, I’m semi-convinced that we’re starting to see the “Spring Run-up” in prices. Last week gasoline traded roughly 20 cents cheaper on the wholesale market, and today, we’re at 2.40+ on the wholesale market. Last year, the run-up began in late January/early February. The question is- how high will [...]
0 comments Thursday 14 Feb 2008 | Patrick | Predictions
Comment on the January 27 prediction: Prices jumped on January 29, so that prediction was CORRECT. My crystal ball was too foggy last week to make a posting.
Saturday, February 9, 2008, 4:45 PM: Big jumps on NYMEX on Friday means a price hike is coming on Monday or Tuesday, in the neighborhood of $3.09 again. [...]
0 comments Saturday 09 Feb 2008 | Ed Aboufadel | Predictions
Wow… today’s DOE report was a terrific read. I read a lot of good news from this week’s report on petroleum inventories.As typical, let me highlight some of it:
Pros
Oil inventories rose by 7 million barrels, pushing them into the middle of the average range
Gasoline inventories rose by 3.6 million barrels, keeping them above the upper [...]
0 comments Wednesday 06 Feb 2008 | Patrick | Predictions
Loading ...| Crude Oil Oct 08 | 115.25 | |
| Rbob Gasoline Oct | 2.84 |
