Tuesday, June 24, 2014

WTI Oil Price Up After WSJ Report On US Condensate Exports

More on this tomorrow, as more details emerge. Several story lines. Bloomberg is reporting early this evening that the price of oil "jumped" on news after WSJ report on US condensate exports.

Actually, the "jump" at 80 cents/bbl is not that impressive ...
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2 comments:

  1. UnknownJune 24, 2014 at 8:35 PM

    my question is how will this play with the average American when gas goes up another . 25 cents in the next few weeks.. don

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    Replies
    1. Bruce OksolJune 24, 2014 at 8:47 PM

      There must be some "slack" or "wiggle room" in the price of gasoline. Congress wants to raise the federal excise tax on gasoline at the pump by 12 cents to pay for roads. LOL.

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