Oil Prices Retreat but Up for Week
Posted on: Friday, 20 July 2007, 18:08 CDT
U.S. crude oil retreated from its 11-month high of $76 a barrel Friday to close 35 cents lower at $75.57 on the New York Mercantile Exchange.
It was enough, however, to keep crude prices ahead by more than 2 percent for the week.
Natural gas was down 26 cents to close at $6.446 per million British thermal units.
Heating oil was down 2.21 cents at $2.0922 a gallon and reformulated gas was off 2 cents at $2.1646 a gallon.
Meanwhile, the average price at the pump for regular unleaded gasoline dropped to almost $3 even at $3.004 a gallon, down from Thursday's $3.020, the AAA Fuel Gauge Report said.
Source: United Press International
Related Articles
- American Lung Association in Minnesota: Motorists Can Get 85 Cents a Gallon E85 Fuel in Woodbury, Minn.
- Ike Spurs 50-Cent-a-Gallon Canada Gas Hike
- Bill Proposes Gas Tax Cut to Save 21 Cents a Gallon
- Melville, N.Y.-Area Gas Prices Jump 6 Cents a Gallon
- Gas Up and Go: Local Prices Fall 90 Cents a Gallon
- Gas drops more than 25 cents a gallon
- Gasoline in Iraq Costs 5 Cents a Gallon
- Colorado Gas Prices Rise a Record 18 Cents a Gallon in One Week
- Victoria, Texas, Gas Prices Drop By 8 Cents a Gallon in 2-Week Span
- Glitch Puts Gas Price at 19 Cents a Gallon
Rating: 3.3 / 5 (3 votes)
 |
 |
Rate this article:
User Comments (0)
RSS Feeds