Gas & Oil News Daily

Crude oil is making a retreat into the low 60's (my "Bottleneck Theory" at work)! And Unleaded Regular is moving upward caused by the restricted supply (falling gasoline Inventories).

Light Crude Oil sold as low as $63.00 a barrel and settling at $63.90, down $1.57 a barrel since yesterday.

The National Average Price for Regular Unleaded Gasoline is on its way up, but only moved up 3 Tenths of a Cent, selling for $2.941 a gallon.

> Beware of Gas Scams

Davitte’ Lanier
Petroleum Industry Analyst

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