VBIN's oil stock thread.

[EricL]

(06-21-2021, 02:16 PM)fenders53 Wrote:

(06-21-2021, 01:47 PM)EricL Wrote: WTI hits $73

Last week's dip below $70 sure didn't last long...

I didn't take that one too seriously.  I sold new XLE puts Friday.  There will be a point where I get a little nervous about oil pulling back, but mid June at $70 oil sure isn't it.  

I am never going to understand gasoline prices though.  The station I buy from has literally not moved their price one penny for six weeks.  Oil has not been THAT stable.  I guess the distributors did a good job of predicting local demand?

Been $2.89 at my local station for weeks as well. /shrug