Cameron Hanover – Daily Energy Hedger – July 2, 2010

Oil prices were down dramatically again yesterday, and heating oil prices have lost more than 20 cents in four days, so far, this week. We had a change in contract over the period, so it got lost in the switch, but the total of the lost points so far is 20.63 cents. Gasoline prices have lost 17 cents this week, and August is down 16.12 cents a gallon.