Energy Prices Gaining Strength Again
Posted on: Friday, 5 May 2006, 09:00 CDT
Crude oil rose Friday on the New York Mercantile Exchange, climbing over the $70 per barrel level after falling below that mark the day before.
High-quality crude for June delivery gained 51 cents to $70.45 per barrel, and natural gas was higher by 18 cents at $7.086 per million Btu.
Gasoline gained 2.4 cents to $2.0185 per gallon, and AAA said that the U.S. average pump price for regular gasoline was $2.92 per gallon.
Heating oil gained 2 cents to reach $1.9574 per gallon.
Source: United Press International
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