What's the Difference on Oil Price???

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theo
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Post by theo » Wed. Feb. 09, 2011 6:12 am

On the site Oil Price.net they have listed oil price per barrel, I've been watching this for the past year. They just put on another chart for Brent oil price, what is this? Before they only had the WTI oil price, then they just added this other. Whatever it stand's for it don't look good!

 
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Freddy
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Post by Freddy » Wed. Feb. 09, 2011 6:22 am

WTI , "We Take It" has been changed to Brent, " Be ready, entering new territory". ;)

In today's paper, heating oil is up to $3.35 a gallon, $.25 higher than a month ago, $.67 higher than last year.

 
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freetown fred
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Post by freetown fred » Wed. Feb. 09, 2011 7:45 am

Fellow coal burners fuel oil co. called him yesterday & offered him a deal to come back---$4.05 a gall. A DEAL??? :wtf: :shock: toothy


 
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Stoked
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Post by Stoked » Wed. Feb. 09, 2011 8:15 am

freetown fred wrote:Fellow coal burners fuel oil co. called him yesterday & offered him a deal to come back---$4.05 a gall. A DEAL??? :wtf: :shock: toothy
:eek2: Did he laugh in his face? :rofl:

I'm glad I have my keystoker because with the price of oil I'd prob be heating my house to 62* instead of 72*.

 
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coalkirk
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Post by coalkirk » Wed. Feb. 09, 2011 9:07 am

theo wrote:On the site Oil Price.net they have listed oil price per barrel, I've been watching this for the past year. They just put on another chart for Brent oil price, what is this? Before they only had the WTI oil price, then they just added this other. Whatever it stand's for it don't look good!
I think that's the chart for Eurpoe. Ours is light sweet crude. I could be full of $hit.

 
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coaledsweat
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Post by coaledsweat » Wed. Feb. 09, 2011 10:19 am

Brent is UK oil from the North Sea.

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