What are East Coast fuel prices doing?

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I need to make up my mind whether or not to order a 10000 gal. tanker load of 100oct.Av and receive and pay for it 2 months before I actually need it. Av. fuel stays pretty much in line with car gas. Our West Coast gas hasn't moved very much in either direction but East gas took a big hit last week and I'm wondering if it has continued that trend. A 50 cent raise would upend me.

-- John Thomas (cjseed@webtv.net), February 01, 2000

Answers

See: Pet roleum Markets

In Cincinnati prices have been stable the last week or so at $1.34- 1.44 per gallon for 89 Octane Gasoline.

-- Bill P (porterwn@one.net), February 01, 2000.


Check out Petroleum Forum

Also check out the futures prices, two months out. That should give you an indication, but in this market 2 months out is an eternity. But, tonight's closing prices were:

Month $/gal

Mar-----0.7767

Apr-----0.8048

May-----0.7905

Jun-----0.7722

Hope this helps......and oh, yes, product for immediate deliver4y is selling at a premium to the futures price.

-- rocky (rknolls@no.spam), February 01, 2000.


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