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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on August 28, 2014 at 16:13

$3.96 is the highest September Settlement Price since 2008. The average price year to date is incorrect in the table.  It should be $4.55. 

http://www.business.directenergy.com/market-insights/nymex-settleme...

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landownerPermalink Reply by William C. Morrison on September 2, 2014 at 9:03

Nope.  Here  in Texas just west of Fort Worth the price of gas at the pump is 3.16 a gallon.  Lowest price in three years at this time of year.  All that abundance of oil is having an effect.

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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on September 2, 2014 at 12:15

I don't think that dbob is talking about gasoline.  But I could be wrong. :-) The last price I paid for gasoline here in Shreveport was $3.06.  It has probably gone down a few cents since then.

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