Entries by Larry Hopkins

Today’s Gas & Diesel Price Updates

The Dollar Index is now over 91 cents, only 9 cents more to rise against the world’s other major currencies.  The Chinese should be happy with that as they are holding a lot of our paper and will be repaid in higher valued dollars. Crude is paid for in dollars so despite the price of […]

Today’s Gas & Diesel Price Updates

Do not panic but prices are up. It is the end of the month and traders are settling their positions. The Oil crude Bulls are on the run. Gasoline is up by 4.65 cents/gallon at the average rack in Selma. Diesel fuel moved up by 4.95 cents/gallon. Prices are: Printable Reports Diesel Price Changes 12-31-2014 9.0 […]

Today’s Gas & Diesel Price Updates

More good news. Gasoline is down by 3.18 cents/gallon at the average rack in Selma. Diesel fuel is down by 2.88/gallon. Crude is down $1.03/barrel to $53.70. Prices are: Printable Reports Diesel Price Changes 12-30-2014 9.0 Gasoline 12-30-2014 Have a great day, -Larry Hopkins

Today’s Gas & Diesel Price Updates

The rain finally ceased yesterday. People were making Noah’s Ark jokes. Job sites will not dry out for at least a week, maybe by next year. The good news……the drought is over…….and over,………and O-ver. Prices today are unchanged at the average rack in Selma. Most oil companies offices are closed. The dollar closed over $0.9003 […]

Today’s Gas & Diesel Price Updates

Saudi Arabia is concerned for their market share as well they should be. If they hold the price up by cutting their production, then the United States will take even more of their market share. The U.S. has already closed 15 refineries in Europe by shipping refine products there. The Republicans are proposing to change […]

Today’s Gas & Diesel Price Updates

It is with great pleasure that I inform you that gasoline dropped 11.59 cents/gallon at the average rack in Selma. We are very close to a floor at $2.00 including taxes. After four years of this miserable economy, we all deserve this. Diesel fuel went down by 2.58 cents/gallon. Crude is down by $.92/barrel to […]

Today’s Gas & Diesel Price Updates

The dollar is the highest it has been in five  years, just about the time of all of that Quantitative Easing. We will receive an increase in Federal Reserve rates next year and the dollar should strengthen. Bloomberg News: “The U.S. dollar looks like the safest currency,” Geoffrey Yu, a senior currency strategist at UBS […]

Today’s Gas & Diesel Price Updates

I have attached the best summary of what is happening with prices that I have found. The author predicts the lowest low for gasoline is $2 so that is what I would like to see in gasoline prices. The dollar clicked back up over 89 cents again. We need 11 more cents for our to […]

Today’s Gas & Diesel Price Updates

Crude oil production in the U.S. last week hit the highest since records were kept in 1983 or 9.14 million barrels at 42 gallons per barrel. It is not going to stop. The Kurd area  of Iraq intends to increase production, not decrease, by 100,000 barrels  by March to 500,0000 barrels per day. OPEC is […]

Today’s Gas & Diesel Price Updates

It never gets boring to say, prices are down again today. I would like prices to drop to $2.00 at the pump and stay there until the economy begins to prosper, really prosper. Gasoline is down by 3.23 cents/gallon at the average rack in Selma. Diesel fuel is down by 2.54 cents/gallon. Crude slipped after […]