5/02/05 Session Contract Detail for June 2005 |
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Last |
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49.11 |
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Open High |
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49.28 |
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Open Low |
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49.28 |
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High |
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50.22 |
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Low |
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49.03 |
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Settle |
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49.72 |
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Change |
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-0.61 |
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Open Interest |
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228331 |
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Volume |
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0 |
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Last Updated |
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5/02/05 05:36:40 |
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1 posted on
05/02/2005 3:18:09 AM PDT by
RWR8189
To: RWR8189
2 posted on
05/02/2005 4:23:27 AM PDT by
G-Man 1
To: RWR8189
I keep reading about barrel prices coming down , but I paid $2.23 at the pump yesterday.
To: RWR8189
Now is the time to really cut back on all unnecessary driving. The storage tanks are full, the need for heating oil is diminishing, and the distributors will either have to sell it or drink it. If every driver cuts back, prices will have to start coming down, and that will certainly help the economy.
To: RWR8189
Let's see; price/bbl down 20% over the last few weeks. Prices at the pump still on the rise
Appears that the at pump price does not correlate with the on market price.
I know there is a lag; but why is the lag in the downward trend a lot longer than in the upward trend?
Can't be a case of price gouging can it?
I assume we will all be enjoying a 40 cent reduction (per gallon) in prices in the near future.....NOT
24 posted on
05/02/2005 6:28:53 AM PDT by
PigRigger
(Send donations to http://www.AdoptAPlatoon.org)
To: RWR8189
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