MaxedOutMama
Saturday, March 22, 2008
A Picture Worth A Thousand Words
From TWIP, gas stocks. The blue range is the average; the red is the current. Crude was in the mid range.
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It's coming down a bit. The price is so high because oil is so high - it raised about $30 a barrel from Jan to Jan.
But there is a limit to how long gas can be kept, so....
For inflation, the price of diesel is more significant and diesel stocks are still pretty low. No relief yet.
But there is a limit to how long gas can be kept, so....
For inflation, the price of diesel is more significant and diesel stocks are still pretty low. No relief yet.
I would think that when spring arrives diesel will drop a bit (less demand for home heating oil aka #2 fuel oil aka diesel). But dollar prices of oil are so volatile, who knows?
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