Comments on: Lowest Gas Prices in the Nation http://www.bigskyblog.com/index.php/2009/01/26/lowest-gas-prices-in-the-nation/ Tue, 31 Aug 2010 00:17:59 -0400 http://wordpress.org/?v=2.8 hourly 1 By: jkc http://www.bigskyblog.com/index.php/2009/01/26/lowest-gas-prices-in-the-nation/comment-page-1/#comment-289283 jkc Fri, 20 Feb 2009 19:47:34 +0000 http://www.bigskyblog.com/index.php/2009/01/26/lowest-gas-prices-in-the-nation/#comment-289283 interesting how things change. this past summer, Tucson was supposed to have the lowest prices in the nation. interesting how things change. this past summer, Tucson was supposed to have the lowest prices in the nation.

]]> By: Walter Greenspan http://www.bigskyblog.com/index.php/2009/01/26/lowest-gas-prices-in-the-nation/comment-page-1/#comment-286888 Walter Greenspan Tue, 27 Jan 2009 19:57:50 +0000 http://www.bigskyblog.com/index.php/2009/01/26/lowest-gas-prices-in-the-nation/#comment-286888 Wholesale gasoline prices closed yesterday (Monday, January 26) at $1.18-51/100 a gallon. Retail gasoline prices tend to be at a $0.75 to $1.25/gallon premium to the wholesale gasoline price as traded on the New York Mercantile Exchange, which would mean that a wholesale price of $1.19/gallon would indicate a retail price of $1.94 to $2.44/gallon, depending on where in the U.S. the retail pump might be located. Anyone can easily monitor the wholesale gasoline, as well as the wholesale heating oil and crude oil, regular session futures prices on the New York Mercantile Exchange (because these prices are available at no charge, they come with a 30-minute delay) by going to: Gasoline futures prices http://futuresource.quote.com/quotes/custom.jsp?us=xrb=2 Heating Oil futures prices http://futuresource.quote.com/quotes/custom.jsp?us=ho=2 Crude Oil futures prices http://futuresource.quote.com/quotes/custom.jsp?us=cl=2 And, in case you would like to see Natural Gas futures prices: http://futuresource.quote.com/quotes/custom.jsp?us=ng=2 You can monitor the electronic over-night session by removing the "=2" from each symbol (example: remove the "=2" from "xrb=2" to get "xrb", the symbol for the electronic over-night price quotes for gasoline). Wholesale gasoline prices closed yesterday (Monday, January 26) at $1.18-51/100 a gallon.

Retail gasoline prices tend to be at a $0.75 to $1.25/gallon premium to the wholesale gasoline price as traded on the New York Mercantile Exchange, which would mean that a wholesale price of $1.19/gallon would indicate a retail price of $1.94 to $2.44/gallon, depending on where in the U.S. the retail pump might be located.

Anyone can easily monitor the wholesale gasoline, as well as the wholesale heating oil and crude oil, regular session futures prices on the New York Mercantile Exchange (because these prices are available at no charge, they come with a 30-minute delay) by going to:

Gasoline futures prices
http://futuresource.quote.com/quotes/custom.jsp?us=xrb=2

Heating Oil futures prices
http://futuresource.quote.com/quotes/custom.jsp?us=ho=2

Crude Oil futures prices
http://futuresource.quote.com/quotes/custom.jsp?us=cl=2

And, in case you would like to see Natural Gas futures prices:
http://futuresource.quote.com/quotes/custom.jsp?us=ng=2

You can monitor the electronic over-night session by removing the “=2″ from each symbol (example: remove the “=2″ from “xrb=2″ to get “xrb”, the symbol for the electronic over-night price quotes for gasoline).

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