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:

Screen Shot 2015-07-30 at 11.29.15 PM

Have a great day,

-Larry Hopkins