Photography by E.W. Faircloth

Bridgeville DE

E.W. Faircloth Photography

Email: wayne@faircloth.org

Bridgeville DE

The original post for picture(s) done on 2007-12-27 by E.W. Faircloth can be found at

https://faircloth.org/blog1/?p=423

changing times

http://faircloth.org/blog1/?p=423

http://faircloth.org/blog1/?p=423

Tags: I see it this way!

An employee of the Seaford Delaware BP station changes the price sign.  Gas stations sometimes change signs more than once daily.  It can be a month before prices reflex any real changes in the market but that doesn't stop station owners from changing prices sooner. Today news of an assassination in Pakistan may have contributed to the above price change.  According to CNNMoney.com: --------------- ----------- NEW YORK (CNNMoney.com) -- Oil prices rose Thursday, putting crude within striking distance of its all-time high, after the assassination of former Pakistan Prime Minister Benazir Bhutto and a larger-than-expected decline in U.S. crude inventories. U.S. crude for February delivery rose 65 cents to settle at $96.62 a barrel, after being up to $96.37 just before the inventory report. Bhutto, who had a controversial past in Pakistan and returned in October to again seek the prime minister's seat, was killed, along with at least 22 others, in a suicide attack following a political rally Thursday. Although nuclear-armed Pakistan has little oil, traders fear any instability could spread to neighboring states. Pakistan borders Iran, the world's fourth-largest exporter of crude, and also lies near the oil-rich Central Asian states. One analyst said the situation in Pakistan is bound to get worse before it gets better. "The rioting is just beginning, and there's talk of retaliatory terrorist attacks," said John Kilduff, an energy analyst at MF Global in New York. Oil prices were also supported by a U.S. government report Thursday showing a drop in domestic supplies of crude oil and heating fuel. In its weekly inventory report, delayed by a day due to the Christmas holiday, the Energy Information Administration said crude stocks fell by 3.3 million barrels last week. Analysts were looking for a drop of 1.3 million barrels, according to a Dow Jones poll. Distillates, used to make heating oil and diesel fuel, fell by 2.8 million barrels while gasoline supplies increased by 700,000 barrels. Analysts were looking for an 800,000-barrel decline in distillate supplies and a 1.4 million barrel increase in gasoline stockpiles. ......