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Don't Gas Up Tonight 4/17/16!

Posted: Sun Apr 17, 2016 5:44 pm
by Tim Liston
Oil futures are down over 6% from Friday's close as of this moment. My guess is that gasoline prices drop a dime or so a gallon after morning rush tomorrow.

click for WTI oil May futures price on Bloomberg

If futures recover overnight all bets are off....

Re: Don't Gas Up Tonight 4/17/16!

Posted: Thu Apr 21, 2016 5:24 am
by Brian Essi
Tim Liston wrote:Oil futures are down over 6% from Friday's close as of this moment. My guess is that gasoline prices drop a dime or so a gallon after morning rush tomorrow.

click for WTI oil May futures price on Bloomberg

If futures recover overnight all bets are off....
Tim,

So what happened?

I've still got a 1/4 tank, when do I fill up?