Wednesday, April 27, 2011
Friday, April 15, 2011
First fuel bank futures peek.
this is a site located in ST. Cloud, MN that I check once in a while to see future fuel price trends. It is too far away to be be practical for me but interesting. The left column is the prepaid cash or check "price good forever" prepay lock in. The middle column is "spot market" credit card and right column is prepaid "spot". The best "futures" indicator is th left and right columns. For example unleaded lock-in is
now $4.279 versus rolling prepay of $3.689: A fifty-nine cents per gallon "spread". Dyed fuels are off road use diesel that have dies to prevent on road use.
Enjoy!
Current Prices - Friday, April 15, 2011
| Pre-Pay Lock-In Prices (Cash or Check Only) | |
| Diesel #1: | $4.889 |
| TT111: | $7.599 |
| N91: | $4.629 |
| Diesel #2: | $4.589 |
| E85: | $3.779 |
| Unleaded: | $4.279 |
| Premium: | $4.559 |
| Dye: | $3.899 |
| Dy1: | $4.199 |
| Dy2: | $3.89 |
| Rolling Account Prices (Cash Only-Not Locked-In) | |
| Diesel #1: | $4.299 |
| TT111: | $7.099 |
| N91: | $4.039 |
| Diesel #2: | $3.999 |
| E85: | $3.189 |
| Unleaded: | $3.689 |
| Premium: | $3.969 |
| Dye: | $3.549 |
| Dy1: | $3.849 |
| Dy2: | $3.549 |
Tuesday, April 12, 2011
Gas Prices Climbing Toward $5 Per Gallon
http://chicago.cbslocal.com/2011/04/11/gas-prices-climbing-toward-5-per-gallon/
CHICAGO (CBS) – At one time, $5 per gallon gas seemed like a far-fetched idea, but that is no longer the case.
As of Monday, the average price for a gallon of regular unleaded gasoline in the Chicago area is $4.11, compared with $3.71 a month ago, and about $3.10 a gallon at this time a year ago.
Some experts say $5 per gallon gas is possible by Memorial Day-or sometime in summer. Others caution that reaching that mark is unlikely over the next six weeks. In Chicago, the prices keep rising to near-record levels–with no relief in sight.
Right now, oil markets are so skittish that records set in 2008 could fall.
Drivers Monday morning were practically numb to the price spikes.
“What are you going to do?” said Shannon Thompson. “We’ve become so gas-dependent in this country. There are so many SUVs. I mean, I’ve had a hybrid. It worked great. Right now, I’m just going to deal with it.”
Prices at some gas stations outside the city were still below $4, a bargain compared to the $4.29-$4.40 range at some service stations downtown.
LISTEN: Newsradio 780′s Bernie Tafoya reports
“It’s painful,” said Lamar Magee. “You’ve got to make a decision on where you drive and where you go nowadays.” He said he is “definitely” making changes to his routines.
Magee says it will cost him about $120 to fill up the 30-gallon tank on his van.
But even that pales in comparison to the big rigs. Truck driver Mark Kanarowski says his truck holds 200 gallons.
“It’s got to be a huge expense for the company,” Kanarowski said. “I went to St. Louis over the weekend to fill up my own car, and I was paying about $4.13 a gallon. It hurts.”
A limo driver shared his thoughts as he filled up his tank at the Des Plaines Oasis.
“Normal-sized tank, big price – when you get done at the pump, it’s killing business, and a lot of one-way trips now,” he said, “like I’m going to get somebody this morning, and I’m not bringing him home. His wife will probably bring him home, because everyone’s trying to save a little bit here, a little bit there.”
The Lundberg Survey says the national average for a gallon of regular unleaded as of Monday was $3.76. That is up 19 cents since March 18, and up 91 cents since this time last year.
The sharply rising prices hearken back memories of the summer of 2008.
That year, oil prices were driven well above $100 per barrel, and in June of that year and gas prices were well over $4 a gallon. The highest average record price was $4.34 per gallon, set July 2008.
No one is eager to break that record. But with no end in sight to the turmoil in the Middle East, analysts say we’re likely to do just that – and just as holiday travelers hit the highways for Memorial Day weekend.
Tuesday, March 29, 2011
Sunday, March 27, 2011
Saturday, March 26, 2011
Earth Hour may be losing steam as novelty wears off
http://edmonton.ctv.ca/servlet/an/local/CTVNews/20110326/earth-hour-110326/20110326/?hub=EdmontonHome
The Toronto city skyline is pictured moments before the start of Earth Hour on Saturday March 26, 2011. (Chris Young/THE CANADIAN PRESS)
 Downtown buildings go mostly dark to celebrate Earth Hour but lights stay on at the Saddledome, foreground, because of an event in Calgary, Alberta on Saturday March 27, 2010. (Larry MacDougal / THE CANADIAN PRESS)  Downtown Vancouver, B.C., is pictured with many lights turned off during Earth Hour on Saturday March 27, 2010. (Darryl Dyck / THE CANADIAN PRESS) |
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View larger imageUpdated: Sat Mar. 26 2011 06:05:08
The Canadian Press
The Canadian Press
TORONTO — More Canadian municipalities are pledging to power down Saturday for Earth Hour, but an expert says interest in the event may already be fizzling.
Earth Hour has "done a great job of capturing the imagination of an awful lot of people around the world" to raise awareness of climate change issues, said Mark Sarner, who specializes in marketing for non-profits.
But "just more of the same gets old fast," he said Friday, noting most marketing campaigns will fade after a few years without something new to draw the public's attention.
"If I think back to last year's Earth Hour, I don't think it was as big a deal because, you know, novelty normalizes and this is no longer a novelty," he said.
"Unless something really dramatic is done to recreate it and reinvent it, I don't think Earth Hour will be a significant thing in the next five years."
Earth Hour began in Australia in 2007 and has since spread to more than 130 countries.
Canadians organized hundreds of grassroots celebrations -- from candlelit walks to astronomy parties -- for the country's first Earth Hour in March 2008.
Some have become annual traditions, while others have been discontinued.
It's hard to predict how many people will shut off the lights between 8:30 and 9:30 p.m. Saturday, but organizers said they aren't worried about losing steam.
More than 420 municipalities across Canada plan to participate this year, up from roughly 300 last year, said Steven Price of the World Wildlife Fund, the organization behind the event.
About one billion people worldwide are expected to take part, on par with last year, he said.
"I'm confident it will be dark (Saturday) night," he said Friday.
In Toronto, last year's Earth Hour efforts saved 296 megawatts of power, a reduction of about 10 per cent, according to Toronto Hydro.
That's less than in 2009, when the city saved 454 megawatts, or about 15 per cent.
Jennifer Link, a spokeswoman for Toronto Hydro, said she doesn't know whether the downward trend will continue.
Earth Hour shouldn't be judged based on how much energy it saves, said Sarner. Its real goal is to send a message to policy-makers that people care about climate change, he said.
"I would say after five years (Earth Hour) may have done its job," he said.
The challenge now, he said, "is going to be how to sustain, deepen and broaden the momentum of support for climate change-related policies, practices and behaviours."
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