[PLUG-TALK] Crude Oil Approaching 11-year Low

[Rich Shepard]

On Mon, 14 Dec 2015, Stephen Price wrote:

> 1) Prices are always higher here than further south because we're a longer
> distance from major refineries.

  A niece lives in Oakland, CA, where gasoline proces are higher than here.
They're also higher in northern Nevada.

> 2) It takes a few months for price changes in oil to trickle down to the
> pump.

   True, but it takes no time for distributors and retailers to raise them
when crude oil was _rumored_ to rise. :-)

> That said, I just paid $2.159/gal on Saturday. Seems pretty low to me
> already.

   But was that what you were paying 7-11 years ago? :-)

   According to portlandgasprices.com, a Fasttrack station in SW Portland is
still selling regular for $2.00/gal. and the Costcos are selling that grade
for $2.06/gal. This has not changed for a week or so. In the
Gresham/Troutdale area prices range from $2.17/gal (Safeway at NE 238th and
Cherry Park Road) to $2.46/gal (76 at 238th and Halsey) or more.

Rich