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TFC Commodity Trading Forum

Re: April Crude & Gasoline Cont to Rally/Trades/CJ

Hi Trades, CJ,

Trades I think is right on. You can buy a lot of gasoline with what is saved on vehicle depreciation.

I just paid 3.59 for the cheap stuff (87) in NJ - one of, if not the lowest priced states.

BUT, Diesel is now within a couple of pennies of $4 !!!!
Remember when Diesel was "cheap" until the massive switch over to Diesel vehicles ????

I don't follow this closely but It is sounding like the fingers are being pointed toward Iran and Wall St. speculation for the run up in price.

The more the "news pundits" keep jabbering about Iran, the more Iran will stir the pot !!

Lee