Gas & Oil News
National Average for Unleaded Regular moved up 1/10th of a cent to $2.219.
The major crude oil shipping lines anticipate a marked increase in demand, in India and China for the next several months, and this could very will put a strain on current global crude oil supplies. This indicates to me a ripple effect will be felt in the U.S. with higher prices at the pump come mid summer or sooner.
Oil Headed for Biggest Rally in 4 Months on Fuel-Supply Concern: http://quote.bloomberg.com/apps/news?pid=10000103&sid=affQCPEHQ_fQ&refer=news_index
Supply concern sends crude oil up 6%:
http://news.xinhuanet.com/english/2005-04/25/content_2873375.htm
It's worse than you think:
http://www.cnn.com/2005/POLITICS/04/25/worse.tm/index.html
Saudi Arabian comments prompt oil-price rise:
http://www.dailystar.com.lb/article.asp?edition_id=10&categ_id=3&article_id=14574
Saudi Arabia producing 86 percent oil of its total capability:
http://www.geo.tv/main_files/business.aspx?id=74408
Davitte’ Lanier
Petroleum Industry Analyst
The major crude oil shipping lines anticipate a marked increase in demand, in India and China for the next several months, and this could very will put a strain on current global crude oil supplies. This indicates to me a ripple effect will be felt in the U.S. with higher prices at the pump come mid summer or sooner.
Oil Headed for Biggest Rally in 4 Months on Fuel-Supply Concern: http://quote.bloomberg.com/apps/news?pid=10000103&sid=affQCPEHQ_fQ&refer=news_index
Supply concern sends crude oil up 6%:
http://news.xinhuanet.com/english/2005-04/25/content_2873375.htm
It's worse than you think:
http://www.cnn.com/2005/POLITICS/04/25/worse.tm/index.html
Saudi Arabian comments prompt oil-price rise:
http://www.dailystar.com.lb/article.asp?edition_id=10&categ_id=3&article_id=14574
Saudi Arabia producing 86 percent oil of its total capability:
http://www.geo.tv/main_files/business.aspx?id=74408
Davitte’ Lanier
Petroleum Industry Analyst
posted by bettergasmileage @ 10:42 AM
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