Gas & Oil News

National Average for Unleaded Regular hasn't changed; it stayed at $2.218 per gallon. We may have seen all we will get from that modest Four-Day price drop. As I said yesterday, the price of crude oil will not support a downward trend much longer. The price of crude oil is over $55.00 a barrel once again! Unfortunately it seems I was right but we won't know for sure until Monday when the weekend reports are posted.
Below are some articles for your Weekend reading pleasure. I'll be back Monday. Have a good Weekend...
Davitte’ Lanier
Petroleum Industry Analyst

Crude oil price rises in Asia overnight:
http://www.businessworld.ie/livenews.htm?a=1155729;s=rollingnews.htm
Saudis Said to Plan Energy Boost:
http://money.cnn.com/2005/04/22/news/international/saudi_production.dj/index.htm
Oil Could Foul Stocks:
http://money.cnn.com/2005/04/22/markets/stockswatch/index.htm
Crude oil price tops $55 per barrel again:http://www.newratings.com/analyst_news/article_791051.html