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Date:         Thu, 18 Apr 1996 15:09:02 -0500 (CDT)
Sender:       Vanagon Mailing List <vanagon@vanagon.com>
From:         Joachim Beek <beekj@tsdhp.jsc.nasa.gov>
Subject:      Re: What has happened to gasoline prices?

On Thu, 18 Apr 1996, Joel Walker wrote: > which is rather odd, since the CNN business news was saying that the cost of > the crude oil was expected to DECREASE from $21/barrel to $16/barrel by the > end of June. > > gee ... do i feel a screwing-of-the-customer coming on??? oh, yeah ...

Well, probably, since we're all dependent on that black gold.... but one thing to remember is that oil prices mentioned in the news tend to be for future contracts delivered 3 or so months down the, er, road.

Joachim -- I'm not an engineer, but I play one at work.


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