Entries by Larry Hopkins

Today’s Gas & Diesel Price Updates

Gasoline rebounded, up by 3.40 cents/gallon at the average rack in Selma. Diesel fuel is up by 2.95 cents/gallon. Crude moved up by $2.29/barrel to $48.69 or $1.105/gallon. The dollar index moved up to 92.52 cents. Nothing has changed. The move up of crude prices was triggered by a report that drilling rigs in the […]

Today’s Gas & Diesel Price Updates

Gasoline is $1.14 cheaper than one year ago. Diesel fuel is $1.09 less than one year ago. Gasoline is down by 3.61 cents/gallon at the average rack in Selma. Diesel fuel is down by 2.14 cents/gallon. Crude is down by $2.35/barrel to $46.40 or $1.105/gallon. Prices are: Printable Reports Diesel Price Changes 1-16-2015 9.0 Gasoline […]

Today’s Gas & Diesel Price Updates

Our movement towards good times continue. The dollar moved back up over 92 cents.  Eight more cents to go. Our dollar should become so powerful that our companies could buy up all of the other companies in the world. We are playing Monopoly. Australia and the U.S. Liquid Natural Gas suppliers should agree to fix […]

Today’s Gas & Diesel Price Updates

The dollar dropped back below 92 cents today on news that the 250,000 jobs created last month dropped 0.2% in wages. The logic is that the Fed may see the wage drop and put off any interest increase.  Crude is down $1.17/barrel to $48.36. Gasoline edged down 0.20 cents/gallon at the average rack in Selma. […]

Today’s Gas & Diesel Price Updates

West Texas Intermediate Crude dropped another $2.19/barrel to $47.95 or $1.14/gallon. WTI is the world standard. Saudi and Venezuelan crudes are ‘heavy’ crudes and much harder to refine. The same is true of Canadian crude from shale ore which is trading at $33/barrel.  Crude from North Dakota is high quality, and clear, the color of […]

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 […]