 |
WTI Crude •5 hours | 55.76 | +0.34 | +0.61% |
|
Brent Crude •6 hours | 62.47 | +0.54 | +0.87% |
 |
Natural Gas •7 hours | 2.228 | -0.035 | -1.55% |
|
Mars US •5 hours | 61.23 | +0.33 | +0.54% |
|
Opec Basket •2 days | 63.10 | -1.50 | -2.32% |
|
Urals •23 hours | 59.65 | -1.75 | -2.85% |
|
Louisiana Light •2 days | 60.83 | -1.42 | -2.28% |
|
Marine •23 hours | 61.68 | -0.46 | -0.74% |
|
Murban •23 hours | 63.44 | -0.46 | -0.72% |
|
Iran Heavy •23 hours | 53.28 | +0.54 | +1.02% |
|
Basra Light •23 hours | 64.58 | +0.69 | +1.08% |
|
Saharan Blend •23 hours | 61.08 | +0.37 | +0.61% |
|
Bonny Light •23 hours | 62.98 | +0.60 | +0.96% |
|
Canadian Crude Index •4 hours | 38.56 | +0.00 | +0.00% |
|
Western Canadian Select •2 days | 46.07 | -1.36 | -2.87% |
|
Canadian Condensate •33 days | 51.07 | -1.36 | -2.59% |
|
Premium Synthetic •2 days | 55.92 | -1.36 | -2.37% |
|
Sweet Crude •2 days | 51.62 | -1.36 | -2.57% |
|
Peace Sour •2 days | 50.42 | -1.36 | -2.63% |
|
Louisiana Light •2 days | 60.83 | -1.42 | -2.28% |
|
Domestic Swt. @ Cushing •23 hours | 52.00 | +0.25 | +0.48% |
|
Giddings •23 hours | 45.75 | +0.25 | +0.55% |
|
ANS West Coast •3 days | 64.56 | -0.83 | -1.27% |
|
West Texas Sour •2 days | 49.25 | -1.48 | -2.92% |
|
Eagle Ford •2 days | 53.20 | -1.48 | -2.71% |
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Rationing Gasoline in New York will not Work
Crain's New York Business reports Mayor calls for gas rationing in NYC.
Mayor Michael Bloomberg on Thursday called for gas rationing in New York City to begin Friday, saying only 25% of stations in the city were operational and that full production would not be restored for several more weeks.
Rationing Won't Work
Precisely what good is rationing supposed to do? Whatever the theory is, it cannot possibly work.
Overall demand for gas will not drop a bit.
Let stations charge whatever they want. The lines will clear out in no time, and everyone else can decide how much they really want to drive.
Click here to read the full article.
