Today’s Gas & Diesel Price Updates

I saw my nephew and his wife on Saturday. They both work and live in Silicon Valley, CA.  near Google. They often see computer driven cars which means no people inside and the cars are driving themselves. Of the numerous test runs through the area, there have been 3% wrecks, but almost all of them have been errors by the other, human driven cars. My nephew thinks it is only time before they go to market. I like driving but there are times when it might make sense. Suppose you are falling asleep at the wheel, what a relief to put your car on auto pilot and go to sleep. What about the old who have their licenses taken away cheating them of their mobility, just  think what  a safe computer driven car would mean to them. But the big seller might be, you had three or four drinks at that party, what  a relief, ‘Home James”. What a brave new world we live in. 

How upset would you be to know that crude just hit another 6-year low of $40.71/barrel or $0.9692/gallon. Hopkins Oil Company is really not an oil company. Exxon is an oil company and they are upset. Shell is an oil company and they are being hurt. Hopkins Oil is a distributor, a delivery company whose fuel costs are coming down, cost of inventory and accounts payable are dropping. I am ecstatic.  Citi thinks $32/barrel is a possibility. Good news for you and me. Gasoline dropped 7.03 cents/gallon at the average rack in Selma. Diesel fuel is down by 3.83 cents/gallon. More money in your wallet. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Cride is up slightly, up 49 cents to $42.37/barrel, still about $1.00/gallon. Gasoline is down by 1.47 cents/gallon at the average rack in Selma. Diesel is down slightly by 0.25 cents/gallon. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Good news all around. Crude is $41.88/barrel, a six year low and set to drop lower. Gasoline is down by 3.60 cents/gallon at the average rack in Selma. Diesel fuel is down by 0.78/gallon. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Prices for Friday are down. Crude is down $1.39 to $ 1.00/gallon or $42.07/barrel. Yeh! Gasoline came back down by 5.16 cents/gallon at the average rack in Selma. Diesel is down by 2.04 cents/gallon. Our prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Gasoline eased by 0.57 cents/gallon at the average rack in Selma. Diesel fuel moved down by 1.32 cents/gallon. WTI (West Texas Intermediate) crude slipped by 68 cents/barrel or $45.21/barrel or $1.0764/gallon (seven cents more and crude is below $1.00/gallon. There are 42 gallons in a barrel so when crude is below $42, it is less than $1.00/gallon. simple. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Prices rebounded today but not hugely. Gasoline is up by 1.81 cents/gallon at the average rack in Selma. Diesel fuel is up by 1.89 cents/gallon. Crude is up 47 cents/barrel to $45.89. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

It gives me great pleasure to pass on some good news to my customers. Unlike our competition, we pass on price decreases immediately, not drifting down with the street.

Gasoline dropped by 8.10 cents/gallon at the average rack in Selma. Diesel fuel dropped gy 4.73 cents/gallon. Diesel fuel is 3 cents cheaper than unleaded at the average rack.  Crude took a significant drop of $1.70/barrel to $45.42. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Crude is down again by $1.34/barrel to $47.12. As long as the price is below $50/barrel, we will have good prices. Gasoline is barely changed up 0.13 cents/gallon. Diesel fuel is down by 2.23 cents/gallon. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

The major oils are cutting jobs and investment. Chevron is cutting 1500 jobs and $1 billion, too. ConnocoPhillips is cutting jobs and $1 billion investment. Shell is cutting 6500 jobs & $7billion. What that means, the oil industry is not expecting a rebound for years, maybe 2018 and beyond. Gasoline is up by 1.08 cents/gallon at the averzge rack in Selma. Diesel fuel moved up by 1.13 cents/gallon. Crude is down by 37 cents to $48.50/barrel.. Prices are:

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Have a great day,

-Larry Hopkins

Today’s Gas & Diesel Price Updates

Gasoline bumped up by 4.54 cents/gallon at the average rack in Selma. Diesel fuel is hardly changed up 0.04 cents/gallon. Crude moved up by $1.33/barrel to $48.87. It is the end of the month and strage thing happen when traders are settled their bets. Prices are:

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Have a great day,

-Larry Hopkins