Louisiana Light • 1 day | 75.02 | +0.15 | +0.20% | |||
Bonny Light • 1 day | 78.13 | +0.03 | +0.04% | |||
Opec Basket • 1 day | 77.63 | +2.62 | +3.49% | |||
Mars US • 14 hours | 71.22 | +0.02 | +0.03% | |||
Gasoline • 58 mins | 2.664 | -0.004 | -0.14% |
Bonny Light • 1 day | 78.13 | +0.03 | +0.04% | |||
Girassol • 1 day | 78.83 | +0.31 | +0.39% | |||
Opec Basket • 1 day | 77.63 | +2.62 | +3.49% |
Peace Sour • 6 hours | 67.22 | -0.23 | -0.34% | |||
Light Sour Blend • 6 hours | 68.52 | -0.23 | -0.33% | |||
Syncrude Sweet Premium • 6 hours | 77.47 | -0.23 | -0.30% | |||
Central Alberta • 6 hours | 66.82 | -0.23 | -0.34% |
Eagle Ford • 1 day | 69.68 | +0.39 | +0.56% | |||
Oklahoma Sweet • 1 day | 69.75 | +0.50 | +0.72% | |||
Kansas Common • 29 days | 64.52 | +0.64 | +1.00% | |||
Buena Vista • 1 day | 79.36 | +3.94 | +5.22% |
Crude prices are rallying back…
Europe and the G7 countries…
Another update: Gasoline prices declined recently, and are down about 8 cents nationally over the last 2 weeks. Brent crude spot prices increased to $117.48 per barrel two weeks ago, and then declined sharply to $108.49. However Brent has increased over the last few days to $113 per barrel.
We are still paying over $4 per gallon in California (I filled up on Friday and paid $4.15 per gallon.
Using the calculator from Professor Hamilton, and the current price of Brent crude oil, the national average should be around $3.67 per gallon. That is about 10 cents below the current level according to Gasbuddy.com
Click here to read the full article.
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