To: FromLori
Not current info:
Prices within the past hour:
Crude Oil 91.91 - 0.30%
Natural Gas 4.43 + 0.14%
Gasoline 2.47 - 0.90%
Heating Oil 2.74 - 0.40%
Gold 1332.53 - 0.23%
18 posted on
01/31/2011 2:05:13 PM PST by
CedarDave
(What is DADT? Obama's response when inquiries are made about his birth certificate.)
To: CedarDave
Brent [United Kingdom] is trading at a $9 premium to West Texas Intermediate [delivery point Cushing OK]. Probably due to a local glut resulting from rising Canadian & North Dakota crude production. World prices are higher than US prices. E.g. IIRC Tapis from East Asia is another $8 or $9 premium to Brent.
23 posted on
01/31/2011 2:14:40 PM PST by
R W Reactionairy
("Everyone is entitled to their own opinion ... but not to their own facts" Daniel Patrick Moynihan)
To: CedarDave
24 posted on
01/31/2011 2:14:54 PM PST by
FromLori
(FromLori">)
To: CedarDave
My understanding is this is oil destined for the UK, not the USA. It will still impact US oil in time if it stays this high. It’s from the North Sea and impacted by the Suez Canal and problems in Egypt.
30 posted on
01/31/2011 3:30:20 PM PST by
Morgan in Denver
(Democrats: the law of unintended consequences in action.)
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