Gas & Oil News Daily

The National Average Price for Regular Unleaded Gasoline is 2 tenths of a cent down from yesterday, reflecting higher than expected gasoline inventories in the US. The National Average for Regular Unleaded Gasoline is $2.811 a gallon.

Light Crude Oil is still dancing around the mid 60's a barrel, selling at a high of $67.40 and settling at $66.35 up a Dollar Twenty Eight a barrel over yesterday.

Although Hurricane Rita spared the Gulf Coast Petroleum Industry a direct hit on their land based interests, some major damage to drilling rigs has been reported.

Davitte’ Lanier
Petroleum Industry Analyst

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