June HO futures have been stuck in a narrow trading range for the last 2 1/2 weeks. June RBOB gasoline has been far more volatile over the same time frame, climbing steeply, dropping sharply, and ending up about 10 cents lower than were it was 2 1/2 weeks ago.Noticed diesel was up 4 cents this morning at the ARCO on Miramar & I 15 this morning. Now $4.29 a gal.
Small world! My grandmother and my Aunt live on Upper Maple Street in Dayville, CT!In NE CT RUG has dropped 6 cents/gal since last week to $4.09 in Dayville, but the big news is Diesel is also $4.09! I checked 3 stations and all had Diesel at the same price as RUG!
I also found this: http://www.eia.doe.gov/oog/info/wohdp/diesel.asp
and even more interesting: http://www.eia.gov/pub/oil_gas/petr...oleum_marketing_monthly/current/pdf/enote.pdf
What iritates me about these tax tables is that you rarely see the full tax difference at the pumps from one state to another. I live in NC and am less than a mile from SC. There is a 16.5 cent difference in the state fuel taxes but I have rarely seen more than a 7 - 8 cent difference in the pump price. I guess the SC station owners are making better profit.In NE CT RUG has dropped 6 cents/gal since last week to $4.09 in Dayville, but the big news is Diesel is also $4.09! I checked 3 stations and all had Diesel at the same price as RUG!
I also found this: http://www.eia.doe.gov/oog/info/wohdp/diesel.asp
and even more interesting: http://www.eia.gov/pub/oil_gas/petr...oleum_marketing_monthly/current/pdf/enote.pdf
Same story in Blaine, Wa. I would guess.What iritates me about these tax tables is that you rarely see the full tax difference at the pumps from one state to another. I live in NC and am less than a mile from SC. There is a 16.5 cent difference in the state fuel taxes but I have rarely seen more than a 7 - 8 cent difference in the pump price. I guess the SC station owners are making better profit.
It charged two traders, working for a Norwegian company. And based on the reports I read, it is quite possible that they did nothing illegal. That does not mean that they won't be persuaded to plead guilty to something, or pay a fine and not be allowed to work in the industry for a few years.Long overdue, the Commodities Futures Trading Commission charged oil speculators with price rigging. Hope they speculate which jail cell they'll rot in too. This and investigations by the US Attorney General and Federal Trade Commission into price rigging by the oil companies and refineries are holding the price of oil back down from unbridled corporate greed. Lets make a rigged cell for the CEOs of the trillion dollar profit oil companies whose profits are up another 40% this quarter from their crimes. Son of Sam law applies, you can't profit from your crimes.
The speculators charged in the suit by the CFTC are Parnon Energy Inc. of California, Arcadia Petroleum of the United Kingdom, Swiss-based Arcadia Energy, James T. Dyer of Australia and Nicholas J. Wildgoose of California.Long overdue, the Commodities Futures Trading Commission charged oil speculators with price rigging. Hope they speculate which jail cell they'll rot in too. This and investigations by the US Attorney General and Federal Trade Commission into price rigging by the oil companies and refineries are holding the price of oil back down from unbridled corporate greed. Lets make a rigged cell for the CEOs of the trillion dollar profit oil companies whose profits are up another 40% this quarter from their crimes. Son of Sam law applies, you can't profit from your crimes.