Gas & Oil News
From here on out every little bump in the road on the petroleum industry highway is going to cause upward price pressure on both Crude Oil and Gasoline. The price battle between supply and demand has never been so dependent on the fear of a moderate to catastrophic disruption of supply. This fear is not unfounded do to the fine line between what the world is using and what the world can produce.
The National Average for Regular Unleaded Gasoline set another record today at $2.32 according to the AAA motor Club.
Crude Oil sold at $61.05 and settled at $60.01. And Crude Oil at this price level is still creating upward price pressure on gasoline.
The bad weather in The Gulf of Mexico equals higher Gas & Oil Prices!
Emily poses latest threat to oil:
http://www.marketwatch.com/news/story.asp?guid=%7BBBAED6E3-AD3B-407C-847A-E11789C4F619%7D&siteid=google
For the Best Ways to Save Gasoline & Money
(that really work) Visit:
http://www.bettergasmileage.com
Davitte’ Lanier
Petroleum Industry Analyst
The National Average for Regular Unleaded Gasoline set another record today at $2.32 according to the AAA motor Club.
Crude Oil sold at $61.05 and settled at $60.01. And Crude Oil at this price level is still creating upward price pressure on gasoline.
The bad weather in The Gulf of Mexico equals higher Gas & Oil Prices!
Emily poses latest threat to oil:
http://www.marketwatch.com/news/story.asp?guid=%7BBBAED6E3-AD3B-407C-847A-E11789C4F619%7D&siteid=google
For the Best Ways to Save Gasoline & Money
(that really work) Visit:
http://www.bettergasmileage.com
Davitte’ Lanier
Petroleum Industry Analyst
posted by bettergasmileage @ 3:25 PM
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