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Mr. Sandman · 05-25-2008, 02:22 PM

$4.48 here for reg....Diesel is 4.99 and that is at the street. Who knows what the dock price is... Talk is now $6.00/gal this summer. 5 will be a "bargain".

Domestic supply has to increase...when will they learn.

Price of crude went up 16% THIS WEEK! World wide demand certainly has not increased that much this week. There is a lot of speculation going on, guys that shorted at 100 and are not covering at 135. IMO it will fall back to 80-100 within 6 months BUT at the CURRENT futures price HOME HEATING OIL will be close to 5 bucks per gallon this fall....people are going to freeze their ass off this winter, you watch.

05-25-2008, 02:22 PM	#22
Mr. Sandman Registered User iTrader: (0) Join Date: Sep 2001 Posts: 7,649	$4.48 here for reg....Diesel is 4.99 and that is at the street. Who knows what the dock price is... Talk is now $6.00/gal this summer. 5 will be a "bargain". Domestic supply has to increase...when will they learn. Price of crude went up 16% THIS WEEK! World wide demand certainly has not increased that much this week. There is a lot of speculation going on, guys that shorted at 100 and are not covering at 135. IMO it will fall back to 80-100 within 6 months BUT at the CURRENT futures price HOME HEATING OIL will be close to 5 bucks per gallon this fall....people are going to freeze their ass off this winter, you watch.