[AT] Fuel prices

[Gene Dotson]

    I use the following site to keep track of current crude price. The Brent 
Spot price is $39.19 right now.

http://www.bloomberg.com/markets/commodities/energyprices.html

    Gasoline prices tend to lag about 2 weeks behind the crude price market 
and diesel fuel lags from 4 to 6 weeks behind depending on the cracking and 
batch requirements. Aviation gas and jet fuel do not follow the crude price 
nearly as close as these are batch blended fuels and the batch price 
reflects the price of inputs when it was produced. Aviation gasoline may be 
stored from 2 to 7 months before it actually reaches the tank at the local 
airport. Jet fuels are usually blended in about 1 1/2 to 2 month batches.
    I have been less reluctant to dump a full can of gasoline in a tractor 
now, where before I was adding only enough to do the current job. Also 
keeping a couple extra cans filled just because I can. I filled my furnace 
and diesel tank last month at $ 2.44 cause I felt it was a good price. Turns 
out to have been the lowest price here in November.
    Gasoline prices here in western Ohio right now are around $1.54 and 
diesel fuel at about $2.69 and one station stubbornly holding at $2.99. 
Diesel will likely be about $2.39 by Christmas and gasoline has pretty well 
bottomed out.

        Gene in De Graff, Ohio




----- Original Message ----- 
From: "Indiana Robinson" <robinson46176 at gmail.com>
To: "Antique tractor email discussion group" <at at lists.antique-tractor.com>
Sent: Sunday, December 07, 2008 12:55 AM
Subject: [AT] Fuel prices


>I noticed that regular unleaded was $1.54.9 today when I had to run in
> town. I heard that crude was under $40 and that it was predicted to
> drop on down to $25...
> I have also heard a few things about prices coming down on natural
> gas. Has anyone heard anything recent about propane prices? How about
> diesel? I have heard talk about some fertilizer prices "tumbling"
> quickly as well.
> -
> It has been a while since I felt comfortable about buying much fuel
> for my old tractors just to putter with. I may feel like puttering a
> lot this spring.
> :-)
>
>
> --
> "farmer"
>
> "Good clean muck never hurt nobody!!!"
> Morris Moulterd
>
>
> Hay and Straw Exchange (Buy it, sell it and trade it.)
> http://finance.groups.yahoo.com/group/HayandStrawExchange
>
>
> Francis Robinson
> Central Indiana USA
> robinson46176 at gmail.com

--------------------------------------------------------------------------------