Today’s Gas & Diesel Price Updates

A big rally in commodities across the board with crude leading the way. Crude jumped up by $1.95/barrel to $37.87. Gasoline jumped up by $8.08 cents/gallon at the average rack in Selma. Diesel fule is up by 6.88 cents/gallon. We have yet to see if the moves will give back their gains tomorrow or coming days. It is a given that summer gasoline and the increase in demand with the coming summer, but is another thing to decide that the huge oceans of oil will translate into gains anytime soon.

Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Prices will go up and down by moving up into Spring and the summer gasoline and higher demand. Gasoline is up by 1.49 cents/gallon at the average rack in Selma. Diesel jumped up by 1.82 cents/gallon. Crude is moving up on the news that Exxon has joined the intendent producers in this country and exporting crude, in this case, to Italy. Crude storage in this country is the highest it has been since the 1930s. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Gasoline is down by 1.77 cents/gallon at the average rack in Selma. Diesel fuel moved up by 0.93 cents/gallon. Crude slipped by 16 cents to $34.65/barrel. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Gasoline moved down by 2.97 cents/gallon at the average rack in Selma. Diesel fuel moved up by 1.06 cents/gallon. Crude moved up almost a dollar to $34.81/barrel after Saudi Arabia and Russian to hold their production at the January limits. Of course, they were probably at their limits in January. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Gasoline is down by 4.95 cents/gallon at the average rack in Selma. Diesel fuel is up by 1.60 cents/gallon. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Gasoline is up by 0.66 cents/gallon at the average rack in Selma. Diesel fuel is up by 2.96 cents/gallon. Crude moved up by 75 cents to $33.53.

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Quite a storm yesterday. I had three inches at my house.

Prices are moving up and will continue into Spring. Gasoline is up by 3.80 cents/gallon at the average rack in Selma. Diesel fuel is up by 1.41 cents/gallon. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

As predicted by Tom Kloza, gasoline and diesel fuel will rise through the Spring as demand rises and scheduled refinery maintenance kicks in. Gasoline is up by 6.67 cents/gallon at the average rack in Selma. Diesel fuel moved up by 3.69 cents/gallon. Crude is up 99 cents/barrel to $32.16. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Good news. OPEC has lost the bet for driving U.S. shale oil producers, out of business. Now the U.S. is exporting crude and LNG. We are the lowest cost provider of LNG. Think about it: if you are S. Korea, for an example, and Russia, Saudi Arabia, Iran and the U.S. all have the same price for oil. Who would you choose? They would choose the U.S. because we are the only choice that will not blackmail S.  Korea. Crude Oil and LNG will be the source of power of the U.S. in the future. There will be a great transfer of wealth from the rest of the world to the U.S. Our future of a country looks bright. In the meantime, the cheaper gasoline prices is putting money in the pockets of consumers who are rebuilding their savings but soon they will start spending. Consumers are already back buying 17.5 million vehicles per year. Maybe we will build that natural gas pipeline from  U.S./Canada to Europe. Our engineers  can do anything.

They can figure it out.

Gasoline edged down by 0.19/gallon at the average rack in Selma. Diesel is down by 3.08 cents/gallon. Crude jumped up today over $33 but the bulls deserted and it closed at $31.40/barrel. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Prices climbed. Gasoline is up by 5.76 cents/gallon at the average rack in Selma. Diesel fuel is down by 3.81 cents/gallon. Prices are:

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Have a great day,

-Larry Hopkins