Friday, March 13, 2009

Gas Prices Up and Down Yo-Yo

The price of gas goes up and down and up and down and up and down... But usally it likes to stay up. Today's price for oil is :


Energy Prices
PETROLEUM ($/bbl)

PRICE* CHANGE % CHANGE TIME
Nymex Crude Future 46.03 -1.00 -2.13 15:08

Dated Brent Spot 44.28 -.30 -.67 15:38

WTI Cushing Spot 46.25 -.78 -1.66 15:37

PETROLEUM (¢/gal)

PRICE* CHANGE % CHANGE TIME
Nymex Heating Oil Future 119.50 -3.14 -2.56 15:08

Nymex RBOB Gasoline Future 134.79 .22 .16 15:05

NATURAL GAS ($/MMBtu)

PRICE* CHANGE % CHANGE TIME
Nymex Henry Hub Future 3.93 -.06 -1.63 15:08

Henry Hub Spot 3.88 -.04 -1.02 03/12

New York City Gate Spot 4.46 -.11 -2.41 03/12

ELECTRICITY ($/megawatt hour)

PRICE* CHANGE % CHANGE TIME
Mid-Columbia, firm on-peak, spot 32.53 -5.83 -15.20 03/12

Palo Verde, firm on-peak, spot 28.40 -3.43 -10.78 03/12

Bloomberg, firm on-peak, day ahead spot/West Coast 32.09 -4.88 -13.20 03/12

*Commodity futures and energy prices are in U.S. dollars.
(from Bloomberg)



Electric prices are more stable. Dosen't that tell you something?? Dauhhhh!

Switch to electric or Compressed Natural Gas (CNG) or Ethanol.



Question? Why is deisel so high? It is crude fuel not as refined as premium gas. Why is it priced higher than Premium?

Link to: http://www.usaalternativeenergynow.blogspot.com/

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