$2.29 in West Palm yesterday.

 

Been going up around here for about the last month. Up maybe 40 cents a gallon from its low point around the first of the year.

Going down to the Florida meet and back it was running just over 2 a gallon for premium in alabama and florida. Thats for BP/Amoco and Shell. Didn't notice prices on bargain brands like Racetrack.

 

John - are you ever planning on going home again?

 

Refinery operating rates are down a bit from same time last year and we're approaching "driving season". But there is a ton of filled VLCC's sitting offshore as floating crude storage since the market is in steep contango. We're definitely in a bull market on crude, March closed below $34 Thursday and December is over $52 / bbl. The infamous Goldman Sachs (who last year first predicted the $100 an then $200 prices) is once again calling for over $100. On the other hand, OPEC is not adhering to their promised production cuts and are overproducing around 1.7 million b/d above the quota as close as anyone can tell.

So what does that all mean? Beats the crap outta me!

 

It makes me mad because there is no real reason for the price to go up. By the barrel it's still relatively cheap.

 

Raymo/Mike: By the way, that was the price for regular in West Palm. Going home you ask? Probably around 8 March, if we don't go to the Daytona motorcycle races. We're back in Destin again and will be heading for Melissa, TX next week. We're not missing anything in Ohio right now.

 

You could be missing some snow.

Have fun, John. Enjoy the weather.

 

Stick around for the races, you'll be glad you did. I went last year and had a great time. I got an in-field pass and was surprised how easy it was to get up close to a fence for pictures.

 

Not missing the Ohio weather at all. We may have to stop the fun early to get back to TN and finish painting and do more house prep; we may have an unsolicited buyer.