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Author Topic: Oil and gasoline prices stablize amid Iraq concerns Back to Topics
Minutefan

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Springfield

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Message Posted: Jun 13, 2014 10:45:17 PM

Oil and gas prices took a breather Friday but were still higher for the week over concerns about Iraq and disruptions in oil supplies.
Crude oil prices were up slightly while wholesale gasoline prices were actually down 1 to 3 cents per gallon, depending on the region., after a runup Thursday that many expected to continue.
But it didn’t — at least not yet.
“It was kind of a tame day” compared with Thursday, said Jim Mosby, a partner for Admo Energy in Kansas City, which helps gas retailers in the region buy wholesale fuel.
After jumping over $2 on Thursday, the benchmark U.S. oil contract for July delivery rose 38 cents and closed at $106.91 in New York. For the week, the U.S. benchmark rose 4.1 percent.
Brent crude, a benchmark for international oils used by many U.S. refineries, gai
Visit The Kansas City Star for full article
REPLIES (newest first) Post a Reply
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jrs4125
Champion Author Indiana

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Message Posted: Jun 15, 2014 9:11:13 AM

Alrighty then.
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Toonces2013
All-Star Author Illinois

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Message Posted: Jun 14, 2014 8:27:05 PM

2b0b: or "GovernmentDependence Day".
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Night Owl
Champion Author Toronto

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Message Posted: Jun 14, 2014 12:20:48 PM

scu227 is absolutely correct. Gas prices are at a record high today in Toronto.
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scorpiogg
Champion Author Modesto

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Message Posted: Jun 14, 2014 8:15:44 AM

Ok
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scu227
Champion Author New Haven

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Message Posted: Jun 14, 2014 7:51:32 AM

Already rising here at the pump. Somebody is making a windfall profit and it is just wrong !!!!!!!!!!!!!!!!!!!!!!
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werich44
Champion Author California

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Message Posted: Jun 14, 2014 7:48:53 AM

When will the insanity stop?
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Nancy&Len
Champion Author Cleveland

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Message Posted: Jun 14, 2014 7:41:12 AM

Way up around here.
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jjjleblanc
Champion Author Rochester

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Message Posted: Jun 14, 2014 7:37:27 AM

Mixed messages.
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WeasleyOC
Champion Author Orange County

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Message Posted: Jun 14, 2014 7:08:45 AM

Which story is correct?
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iFueler
Champion Author Durham

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Message Posted: Jun 14, 2014 3:48:06 AM


     ok
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2b0b
Champion Author Tulsa

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Message Posted: Jun 14, 2014 1:31:08 AM

The real price spike will come in a couple of weeks, just in time for the Independence Day holiday.
Maybe the President should rename it Interdependence Day.
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Vette1967
Champion Author Albany

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Message Posted: Jun 14, 2014 12:57:03 AM

Yeah...Some stations raised their prices a little too.
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JohnofGB
Champion Author Flint

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Message Posted: Jun 14, 2014 12:53:54 AM

Don't hold your breath.
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amerk73
Champion Author Dallas

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Message Posted: Jun 14, 2014 12:51:19 AM

ok
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johnpuh
Champion Author Ohio

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Message Posted: Jun 14, 2014 12:46:11 AM

Define stable.
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wessong
Champion Author Saskatchewan

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Message Posted: Jun 14, 2014 12:43:31 AM

How much higher can they rise, really??
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andy1024
Champion Author Allentown

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Message Posted: Jun 14, 2014 12:38:39 AM

Take a breath before going higher?
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PainterRandy
Rookie Author California

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Message Posted: Jun 14, 2014 12:30:05 AM

More excuses to get more money from us
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gmaonthego
All-Star Author Michigan

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Message Posted: Jun 14, 2014 12:19:11 AM

$.37-$.42/gal. jump here in west Michigan!!!!!! $3.99/gal. Pure Michigan!!!!!!!!!!!!
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papajcs
Champion Author Indiana

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Message Posted: Jun 14, 2014 12:16:35 AM

Not stable at all here. Jumped $0.20 per gallon this afternoon.
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MikeCapeCoral
Champion Author Cape Coral

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Message Posted: Jun 14, 2014 12:14:49 AM

Down slightly here in SW FL.
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nurdco
Champion Author Colorado Springs

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Message Posted: Jun 14, 2014 12:09:54 AM

What stability?
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jrschl
Champion Author Louisville

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Message Posted: Jun 14, 2014 12:07:30 AM

I guess they are stabilized since they jumped 20-30¢.
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pricewar
Champion Author Ogden

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Message Posted: Jun 14, 2014 12:06:22 AM

Prices are so high as it is
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Wanda127
Champion Author Florida

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Message Posted: Jun 14, 2014 12:04:04 AM

Hope they don't really go up anymore than it is right now but I'm sure it will.
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1momsunshine
Champion Author Ottawa

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Message Posted: Jun 14, 2014 12:01:18 AM

k
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tim1999
Champion Author Kansas City

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Message Posted: Jun 13, 2014 11:29:04 PM

Supply and demand.
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RTBama1
Champion Author Montgomery

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Message Posted: Jun 13, 2014 11:18:27 PM

Stable = good.
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humblepie
Champion Author Toledo

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Message Posted: Jun 13, 2014 11:10:32 PM

the wholesalers are loving this
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eddie2456
All-Star Author Long Island

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Message Posted: Jun 13, 2014 11:07:02 PM

ok
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cutlass72
All-Star Author Michigan

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Message Posted: Jun 13, 2014 10:50:21 PM

they will still be going up
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alterman156
Champion Author New York

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Message Posted: Jun 13, 2014 10:49:59 PM

I would say that gasoline prices could become unstable depending upon what happens in Iraq. Keep tabs on this situation.
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Pozole
Champion Author Portland

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Message Posted: Jun 13, 2014 10:48:55 PM

...BULL !...still GOING UP HERE !...
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Minutefan
Champion Author Springfield

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Message Posted: Jun 13, 2014 10:46:05 PM

gouging happening at the retail level.
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