« Toyota's May U.S. Sales Jump 14 Percent | Main | Backseat Driver: 1931 Bugatti Royale sells for $22 million »

Gas, Oil Futures Rise on Supply Worries

Gasoline and oil futures rose today on continued concerns that domestic refineries aren't producing enough gasoline to meet peak summer driving demand, according to AP.
Retail prices, on the other hand, continued their retreat from last week's record highs. The national average price of a gallon of gas fell to $3.184 a gallon, down 0.7 cent overnight and off 4.3 cents since the May 24 record of $3.227.

Posted by   at 2:34 PM to Gas prices , Oil | Permalink

Comments

Post a comment

Please be civil. Vicious comments, personal attacks and profanity won't be published.

Name:

Email Address:

URL:
Remember Me? YesNo

Comments: (you may use HTML tags for style)