Gas & Oil News
Up 4/10ths The National Average for Regular Unleaded Gasoline is at $2.136 and is on the move again. Crude Oil is still responding to the announcement OPEC made yesterday, that the oil price spike is beyond its control.
Crude Oil hit a high of $56.90 and settled at $56.58 a barrel up $1.01 for the day.
In the last 4 weeks Crude Oil has gone up $9 a barrel, up 28% for the year:
http://money.cnn.com/2005/06/16/markets/oil.reut/index.htm
OPEC says oil price spike beyond its control:
http://www.reuters.co.za/locales/c_newsArticle.jsp;:42adab1b:5f84df2baf1bebea?type=businessNews&localeKey=en_ZA&storyID=8774862
OPEC Quota Increase Fails to Halt Price Increases
http://www.zaman.com/?bl=hotnews&alt=&trh=20050616&hn=20759
Opec blames West for oil price:
http://business.timesonline.co.uk/article/0,,9072-1654413,00.html
OPCE barks, but it's losing its bite:
http://money.cnn.com/2005/06/15/markets/opec_oil/index.htm
For the Best Ways to Save Gasoline & Money
(that really work) Visit:
www.BetterGasMileage.com
Davitte’ Lanier
Petroleum Industry Analyst
Crude Oil hit a high of $56.90 and settled at $56.58 a barrel up $1.01 for the day.
In the last 4 weeks Crude Oil has gone up $9 a barrel, up 28% for the year:
http://money.cnn.com/2005/06/16/markets/oil.reut/index.htm
OPEC says oil price spike beyond its control:
http://www.reuters.co.za/locales/c_newsArticle.jsp;:42adab1b:5f84df2baf1bebea?type=businessNews&localeKey=en_ZA&storyID=8774862
OPEC Quota Increase Fails to Halt Price Increases
http://www.zaman.com/?bl=hotnews&alt=&trh=20050616&hn=20759
Opec blames West for oil price:
http://business.timesonline.co.uk/article/0,,9072-1654413,00.html
OPCE barks, but it's losing its bite:
http://money.cnn.com/2005/06/15/markets/opec_oil/index.htm
For the Best Ways to Save Gasoline & Money
(that really work) Visit:
www.BetterGasMileage.com
Davitte’ Lanier
Petroleum Industry Analyst
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