Gas & Oil Daily News Post # 173

The National Average Price for Regular Unleaded Gasoline is currently at $2.18 a gallon, up 1/2 of a Cent from Yesterday. Nine days in a row gas prices have moved up and I see nothing to indicate a slow down.

The price of Light Crude is at $61.37 up Seven Cents a barrel from Yesterday. Light Crude Oil sold as high $61.95 today. With the huge explosion in the EU yesterday still burning out of control today, many investors are worried as to how this calamity will play out in the market place!

Gasoline News Articles of Interest:
> "Hubbert's peak" came true 1/2 global oil is used up?
> High gas prices, hybrids turning into a hot item
> OPEC: We'll meet oil demand
> Gasoline price decline is over, AAA says

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Davitte’ Lanier
Petroleum Industry Analyst

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