WTI Crude •10 mins	37.71	+0.30	+0.80%
Brent Crude •10 mins	40.48	+0.49	+1.23%
Natural Gas •10 mins	1.828	+0.006	+0.33%
Mars US •8 hours	38.36	-0.08	-0.21%
Opec Basket •2 days	35.46	+0.51	+1.46%
Urals •1 day	38.90	-0.35	-0.89%
Louisiana Light •2 days	38.73	+0.35	+0.91%

	Louisiana Light • 2 days	38.73	+0.35	+0.91%
	Bonny Light • 1 day	38.27	+0.03	+0.08%
	Mexican Basket • 2 days	32.64	+0.24	+0.74%
	Natural Gas • 10 mins	1.828	+0.006	+0.33%
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Marine •1 day	39.20	-0.90	-2.24%
Murban •1 day	39.14	-0.96	-2.39%
Iran Heavy •1 day	34.64	-0.42	-1.20%
Basra Light •1 day	41.80	-0.18	-0.43%
Saharan Blend •1 day	38.72	+0.08	+0.21%
Bonny Light •1 day	38.27	+0.03	+0.08%

	Bonny Light • 1 day	38.27	+0.03	+0.08%
	Girassol • 1 day	39.88	-0.15	-0.37%
	Opec Basket • 2 days	35.46	+0.51	+1.46%
OPEC Members Monthly
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Canadian Crude Index •8 hours	26.59	+0.00	+0.00%
Western Canadian Select •2 hours	33.91	+0.12	+0.36%
Canadian Condensate •2 hours	36.41	+0.12	+0.33%
Premium Synthetic •2 hours	37.81	+0.12	+0.32%
Sweet Crude •2 hours	37.41	+0.12	+0.32%
Peace Sour •2 hours	32.41	+0.12	+0.37%

	Peace Sour • 2 hours	32.41	+0.12	+0.37%
	Light Sour Blend • 2 hours	32.91	+0.12	+0.37%
	Syncrude Sweet Premium • 2 hours	37.41	+0.12	+0.32%
	Central Alberta • 2 hours	32.41	+0.12	+0.37%
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Louisiana Light •2 days	38.73	+0.35	+0.91%
Domestic Swt. @ Cushing •1 day	34.00	+0.25	+0.74%
Giddings •1 day	27.75	+0.25	+0.91%
ANS West Coast •3 days	39.72	+1.30	+3.38%
West Texas Sour •1 day	31.36	+0.12	+0.38%
Eagle Ford •1 day	35.31	+0.12	+0.34%

	Eagle Ford • 1 day	35.31	+0.12	+0.34%
	Oklahoma Sweet • 1 day	34.00	+0.25	+0.74%
	Kansas Common • 2 days	27.50	+0.50	+1.85%
	Buena Vista • 2 days	40.87	+0.48	+1.19%
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Editorial Dept

More Info

Whilst Gas Prices Fall, Oil Prices Rise

By Editorial Dept - Oct 01, 2012, 4:43 PM CDT

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

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