Gas prices have declined slightly

Posted June 20th, 2008

UCAN News

Today, UCAN's gas survey at www.ucan.org showed a statistically significant price decline of 1.3¢ for regular unleaded gasoline in San Diego County. Whether the new, slightly lower price is a trend toward dropping prices, or a speedbump on the road to $5 a gallon gas remains in the hands of NYMEX oil speculators. If anonymous NYMEX buyers keep bidding up the price of oil, then gas prices will continue to climb in San Diego. It should be noted that 90% of the futures buyers on the NYMEX can not take delivery of the oil when the contracts are due - these are industry outsiders whose lust for quick profits has created the perception of increased demand (see our commentary Paper Money Chasing Paper Barrels).

The new average price is $4.607 a gallon. Diesel prices have declined, too, dropping to 5.005 a gallon, from $5.04 a gallon last Friday (see below for historical data).

The price cuts have been spurred in part by slightly lower oil prices on the futures market. In recent months, local gas prices have reflected changes in the future NYMEX price of oil, which means that consumers are paying for the future price of gasoline today. Oil prices dropped yesterday on rumors that China would reduce its oil consumption by raising gasoline prices. In addition, the Saudis are expected to produce more oil, although it is unlikely that this will have a significant effect on decreasing prices.

Price History:

Price today:
Regular Unleaded = $4.607, Diesel $5.005

Price Last Friday:
Regular Unleaded = $4.614, Diesel = $5.04

Price this day last Month (May 20, 2008),
Regular Unleaded = $3.99, Diesel = $4.86

Price this day last year (May 20, 2007):
Regular Unleaded = $3.12, Diesel = $3.10

Price Two Years Ago:
Regular Unleaded = $3.24, Diesel = $3.21

craigs list scammer

On August 5th, 2008 MURPHYJUNK says:

THIS WAS A REPY VIA EMAIL IN RESPONSE TO AN AD I PUT ON CRAIGS LIST.
( I WAS SELLING A HUMVEE ENGINE)

ABVIOUS SCAM

Hi,

Thank for the prompt response to my mail,my secretary will be processing
and mail a draft to cover the cost of my purchase as am completely
satisfied with the advert.I will need the details of whom & where to
mail the draft.It will be delivered by the United Parcel Service
within 2-3 days.Please note 'United Parcel Service' do not deliver to
P.O.Box addresses
1.Name to be on the check
2.Home address
3.Mobile #
Kindly delete the posting as am totally committed to buying from you
to save me cost,my mover will be coming over for the pick up right
only after the payment as been delivered and i want you to understand
that,i love to call but am a deaf and only uses a hearing-in paired
phone the relay so please send me an email you leave a message on my
voice mail 9518927140"it will be delivered as an email to me as
well,thank you.

Regard

Kelly.

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wwwdsf

On August 2nd, 2008 Anonymous (not verified) says:

wwwdsf

On August 2nd, 2008 Anonymous (not verified) says:

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On August 1st, 2008 mark3 (not verified) says:

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On July 27th, 2008 Boat loans (not verified) says:

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On July 21st, 2008 Motorcycle loans (not verified) says:

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Gas prices have declined slightly

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craigs list scammer

wwwdsf

wwwdsf

wwwdsf

hi

Good

cool

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