Posts Tagged ‘less oil’

Gasoline prices swing higher before holiday

May 23rd, 2009

NEW YORK (AP) — Retail gasoline prices continued to climb Friday ahead of the Memorial Day weekend and the unofficial start of America’s summer driving season.
The national average pump price increased nearly 3 cents overnight to $2.391 a gallon, according to auto club AAA, Wright Express and Oil Price Information Service. Gasoline prices ticked [...]

Oil Closes Below $50, Lowest Price Since May 2005

November 21st, 2008

Oil Closes Below $50, Lowest Price Since May 2005
After rising to dizzying heights this summer, the oil market is suffering a hair-raising drop with no apparent end in sight.
Oil prices fell to their lowest level in more than three years, falling below $50 a barrel on Thursday, after shedding close to $100 in four months [...]