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Prices of oil, gas show lag time

9. října 2011 v 2:41
Prices of oil, gas show lag time

Motorists might as well ask the Man in the Moon to explain the lag time between falling crude oil futures and gasoline prices at the pump these days.Gravity just seems a little lighter on the way down for some reason. Tulsa motorists paid an average cents more per gallon Monday than they did slightly more than a year ago although crude oil back then cost only less per barrel. Its a difficult situation Mai said. Gasoline and oil do not always show tandem increases and decreases.

Jim Griffith CEO of the Stillwater-based OnCue Marketings chain of convenience stores pointed out that other factors complicate the connection between crude oil and retail fuel. Taxes freight costs refining margins and simple confusion about where the crude futures are going contribute to those variations he said.Help can come in the form of prescription Sex capsules medicines that contain synthetic compounds the names of which even physiciansThe way it been going lately is crazy Griffith said. The only thing I can predict is that I cant predict anything anymore.Proving that the only constant to change is change itself, the modern workforce has replaced the venerable time clock with the electronics dropshipper timesheetIn fact retail pump prices often have a lag time in following what the international crude oil market does. Product bought on a futures market has to be transported by pipeline or truck to refineries then moved out to wholesalers and retailers.

Tom Kloza,Although not highly recommended, in desperate situations screwdrivers have been pushed with a hammer into the syringe filter to allow for removal chief oil analyst with the Oil Price Information Service predicted that the lowest gasoline prices this autumn and winter will be in the heartland including Oklahoma. New York and California spot gasoline markets may vary in the wholesale range but he sees no reason why the midcontinent cant trade much lower. It will trade at discounts to futures eventually I believe.The real disconnect may have nothing to do with Tulsa retail gasoline and West Texas Intermediate crude oil some experts contend. The problem lies overseas and in a move away from WTI as a benchmark pricing point.

London Brent crude futures for instance dropped on Monday to settle at per barrel, still more than over WTI. The global nature of oil trading now supersedes any downward pricing pressures on domestic oil when it comes to refineries, wholesalers and costs at the pump.
 

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