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pack10

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pack10

Re: None

Monday, 04/02/2018 10:34:33 AM

Monday, April 02, 2018 10:34:33 AM

Post# of 8467
Some useful information concerning the price of fuel. Is oil going to continue its move north? Many think the price is headed even higher. If so CLNE will go higher as well.

A barrel of oil contains 42 gallons, so each dollar of change in the price of oil results in about a 2.4-cent-per-gallon change in the price of petroleum products such as heating oil or diesel, assuming no change in other price components, such as refinery margins or taxes, according to EIA.

U.S. on-highway diesel prices for 2017-18 have been climbing since last summer, compared with 2016-17 prices in the same periods, EIA reported.

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