October Gas futures up 38% in the last 5 days

[roscoe]

Light sweet crude for October delivery on the New York Mercantile Exchange fell 56 cents to $69.25 a barrel, down from an overnight high of $70.65. On Tuesday, oil futures settled at $69.81, the highest closing price on Nymex since trading began in 1983, although still below the inflation-adjusted high of about $90 a barrel that was set in 1980.<br /><br />But October gasoline futures surged by almost 20 cents to $2.67 a gallon on the Nymex. That is almost 75 cents, or 38 percent higher, than they were on Friday.

 

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Re: October Gas futures up 38% in the last 5 days

Are you trying to be a troll roscoe?? <br />kidding <br />At 2:30 AM I could be comming in off a drunk or drugs.. BTDT before but now just finished staining 17 peices of wood.. arrg... what a pain! But the Lady wants them tomorrow (Bird Feeders) and I really do enjoy playing in the shop. Fuel is going to be a real drag for the next few months.<br /><br />Link