Gas & Oil News
This past week has shown us how volatile the price Crude Oil and Gasoline can be and the scary part is there seems to be nothing on the horizon to quell that volatility.
Since last Friday Light Crude Oil has shot up $4.55 a barrel and The National Average Price for a Gallon of Regular Unleaded Gasoline has increased 10.6 cents a gallon.
Light Crude Oil sold at $67.10 and settled at $66.86 up $1.06 a barrel from yesterday.
The National Average for a gallon of Regular Unleaded Gasoline set a new record every day this week and is now selling at $2.413 a gallon, up 1.6 cents today.
I see more of the same to come next week.
Poll: Gas prices a growing pain:
http://www.cnn.com/2005/US/08/12/gas.poll.ap/index.html
For the Best Ways to Save Gasoline & Money:
http://www.bettergasmileage.com
Davitte’ Lanier
Petroleum Industry Analyst
Since last Friday Light Crude Oil has shot up $4.55 a barrel and The National Average Price for a Gallon of Regular Unleaded Gasoline has increased 10.6 cents a gallon.
Light Crude Oil sold at $67.10 and settled at $66.86 up $1.06 a barrel from yesterday.
The National Average for a gallon of Regular Unleaded Gasoline set a new record every day this week and is now selling at $2.413 a gallon, up 1.6 cents today.
I see more of the same to come next week.
Poll: Gas prices a growing pain:
http://www.cnn.com/2005/US/08/12/gas.poll.ap/index.html
For the Best Ways to Save Gasoline & Money:
http://www.bettergasmileage.com
Davitte’ Lanier
Petroleum Industry Analyst
posted by bettergasmileage @ 3:38 PM
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