Better Fill up today

[frawin]

Dec-09 Crude Oil settled at $84.88, down $2.93 on the day. Dec-09 Natural Gas Settled at $3.799, down $0.128 on the day.
Most of the Commodities and Equity Markets pulled back on the day, if I said what I thought why, some people would be complaining that I talked politics in the Coffee Shop.

[Sarge]

Say it! I'd like to know.

[frawin]

Jan-11 Crude settled at $89.38, up $0.19 on the day, crude is trading in the $90.00+ range April and further out.  Jan-11 Natural Gas Settled at $4.488, up $0.139 on the day.

[frawin]

Jan-11 Crude is trading higher this A.M. at $90.55, up $1.175. Jan-11 Natural Gas is trading at $4.47, down $0.02. 

[frawin]

Feb-2011 Crude is trading at $90.35, up $0.525, Jan 2011 Natural Gas is trading at $4.025. down $0.035.
Crude inventories are going down and the price is going up.

http://www.bloomberg.com/news/2010-12-22/oil-rises-for-a-fourth-day-as-u-s-economic-recovery-may-spur-fuel-demand.html

[frawin]

Feb-11 Crude settled at $91.51, up $1.035 on the day,  Jan-11 Natural Gas Settled at $4.083, down $0.067 on the day.
Our neighborhood Quik-Trip station and Walmart have Regular at $2.69 and the area Phillips Stations are at $2.84. I think we will be close to $3.00 by next week.
The operators I market oil and gas for are not drilling, pending what happens to the tax situation in Washington.

[frawin]

Feb-11 Crude settled at $91.49, up $0.49 on the day,  Feb-11 Natural Gas Settled at $4.288, up $0.1333 on the day. The outer months have crude oil in the $94.00 range.

Our neighborhood station has regular at $2.89.

[srkruzich]

whats with the jump.  I heard the other day they are projecting oil to hit 5.00 a gallon in 2012. Jeeze their already making a fortune and profit, this is getting obscene.

[frawin]

March-11 Crude settled at $87.875, down $1.225 on the day. Feb-11 Natural Gas settled at $4.58, down $0.155 on the day. Our Neighborhood pump price is $2.83 for Regular.

[frawin]

March-11 Crude settled at $86.19, down $1.685 on the day. Feb-11 Natural Gas settled at $4.473, down $0.107 on the day. Our Neighborhood pump price is $2.83 for Regular, I anticipate regular will be lower in the morning.