Thursday, March 6, 2008

Oil Settles Above $105 on Weak Dollar (EC Math blog #2)

Oil futures have risen to another record close on Thursday.
The national average price for gas rose 0.7 cents over night to 3.185 according to the AAA and the Oil Price information service. Gas prices are expected to rise above last May's record of 3.277 a gallon. April gas futures inched up by 0.1 cent to settle at 9.742 per 1,000 cubic feet. Diesel prices jumped to 1.4 cents overnight to a new record national average of 3.71 a gallon

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