New York, NY (AHN) - Oil hit another record high on Thursday, with light sweet crude for May delivery hovering at $115.54 a barrel in electronic trading on the New York Mercantile Exchange.
But oil prices retreated back to $114.76 per barrel during the morning, after it reached a record high of $115.45 overnight.
The report released by The Energy Information Administration indicated that the crude inventories fell by 2.3 million barrels, while gasoline inventories declined by 5.5 million barrels last week.
Thursday, April 17, 2008
$115
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2 comments:
but the economy is doing ok accd to bush
we will get through it he says
oy
Cheney is sitting on a huge pile of money and cackling as he rubs his hands together...
So obviously the economy is just fine!
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