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This week, PetroJam announced increases in the prices of 87, 90 Octane and decreases in the price of Diesel. The price of 87 and 90 Octane moved up by $0.66 while the price of Diesel moved down by $0.02. The announcement of increases in ex-refinery prices will result in increases of the price of 87, 90 Octane and probably a slight decrease if any at all in the price of Diesel at the pumps.

Oil prices have dropped almost 25$ from over $145 dollar a barrel in June 2008to around $105 and below. That is a 28% fall in the price of Oil. Are we seeing that decrease in price at the pumps?

For more discussion on this visit see Gas Prices Blog

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