Gas Prices Go UP... UP... UP...
Update 17: Oil Prices Creep Higher, Test $68 Mark - Forbes.com: "Oil prices crept higher to settle at a new high Thursday, taking their cue from a rally in gasoline futures. But analysts said the upward momentum was somewhat bewildering given the easing of concerns about a storm expected to move into the Gulf of Mexico.
Tropical Storm Katrina trudged toward Florida's southeastern coast on Thursday and forecasters expected it to strengthen to a weak hurricane before making landfall overnight. But the U.S. National Hurricane Center said after the storm moves into the Gulf of Mexico, it could turn to the north and eventually strike the state's Panhandle early next week - a path that would keep it away from the heart of the oil and gas producing regions of the Gulf. "
<< Home