Thursday, September 01, 2005

Gasoline futures surge to record high


US gasoline futures surged to a record high on Wednesday after the Department of Energy reported a 500,000 barrel drop in gasoline inventories to 194.4m barrels as stocks fell for a ninth week in succession.
The September Nymex gasoline contract rose 17.2 per cent to $2.90, its highest level since opening in 1984.

10 Comments:

Blogger Jordo said...

WHOA!!! that's really expensive!!! It's about time you did somthing. lol jsut kidding!! :) Where does gas cost that much???

Thursday, 01 September, 2005  
Blogger LittleWilky said...

I heard that last night gas was 4 dollars in Atlanta. Mobile, AL has barely any gas left. Birmingham has LONG lines for gas. Certain cities are only letting government officials fill up. I'm afraid that once gas prices go up, they'll stay up, even when we get back to normal amounts of gasoline.

Thursday, 01 September, 2005  
Blogger LittleWilky said...

What city is that BP in?

Thursday, 01 September, 2005  
Blogger banjodude said...

Prolly atlanta

Thursday, 01 September, 2005  
Blogger Jordo said...

o

Friday, 02 September, 2005  
Blogger Jordo said...

do you know why Mel hasn't said anything in like forever?? No one has answered their phone for the past few days when I've tried to call Mel. gettin kinda scared. lol

Friday, 02 September, 2005  
Blogger DragonChick said...

Well, jordan, obviously im not dead since i talked to you on the phone a sec ago. :)

Hey Nathaniel, are ya'll going out of town this sunday. It seems like everyone is... Yeah, the gas price thing was scary for a while there. My dad ran down to the gas station to try to get all our cars filled up and the big gas staion was totally out of gas. D & D still had a bit.

Friday, 02 September, 2005  
Blogger Jordo said...

yah, i kinda realized that you weren't dead by now. Finally you started to talk though, gosh!!!

Friday, 02 September, 2005  
Blogger Abi said...

these gas prices scare me to death. i still came home, though. :) i hope they don't stay up. :( Bush apparently is not requiring high gas tax right now, but will it benefit us? probably not. the stations will most likely charge it still and keep it as profit. MEANIES!

Saturday, 03 September, 2005  
Blogger banjodude said...

Yeah, for real!

Tuesday, 06 September, 2005  

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