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In Des Moines $3.49 at the moment.
With the crisis widening in the middle-east the worry over oil will cause prices to rise further I'm sorry to say, I expect diesel and gasoline prices to go up again sometime this week.
The divergence between Brent and WTI is narrowing a little I think, WTI is a worthless benchmark to follow anyway, it's been worthless now for several years. If you want to know what drives fuel prices it won't be WTI.
I'm sorry to say that I believe we (Fed / States) have made more promises then they can keep, promises that may have been viable had a bubble kept expanding, but since 2008 is long past and we're now on the backside of the bursting bubble these promises are no longer viable. Social programs will have to be cut, it's huge part of the Fed budget, something must be done.
Unions do no good when there's no money to be had, you either accept less or you get nothing (let go).
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Steve A
92 W140 OM603
97 VW Jetta TDI
90 Passat variant TDI 6 speed MT
94 Chevy K1500 6.5TD
05 E320 CDI
+ others
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