View Single Post
Old 10-16-2008, 04:41 PM   #3 (permalink)
tjts1
Banned
 
Join Date: Feb 2008
Location: california
Posts: 1,329
Thanks: 24
Thanked 161 Times in 107 Posts
Its a futures market traded 3 months in advance. The price of crude oil today reflects the price of gasoline 3 months from now, not today.
  Reply With Quote