R.I.P. Scout26
It's a Molotov Cocktail sale.
$2.56 here in the middle of the mitten, by why the heck is diesel still $.80 more??
I imagine that diesel has stayed up where it is, is because of the demand of the trucks and rail.
I thought the higher diesel price was a result of low-sulfur reg's. The 2.38 prices only lasted about three days, then jumped up to 2.69. A lot of stations immediately went back down to 2.59 or 2.55. I scored some for 2.49 last night.
$2.75 at Costco, $2.85-$3.19 average at the name brand stations.Looks like I have to eat my words about prices jumping for holiday travel (though I did see $3.75 at a travel center on the I-5 earlier this week).
Oil and gasoline futures took a pummeling today. Expect prices at the pump to drop in the coming days.
WTI dropped about $4.25 after the Saudis announced they were not going to cut production. It closed at just over $69/bbl.I'm thinking the Saudis are going after our oil industry. Much of what we are pumping out of the ground using fracking and horizontal drilling is not profitable if oil falls below $75/bbl. We're already there.