|
On Wednesday the Energy Department releases its weekly report on the nation's crude oil supplies. Analysts surveyed by Platts, the energy information arm of McGraw-Hill, estimate stocks will shrink by about 1.5 million barrels. That would be less than the five-year average draw of 3.7 million barrels for the comparable week. The amount of crude in storage is about 11 percent above the five-year average. At the gas pump, the national average for a gallon of regular remained at $3.38 a gallon, according to AAA, Wright Express and Oil Price Information Service. That's about 5 cents higher than a week ago, but still around 25 cents lower than a year ago. In other energy trading heating oil futures fell 3 cents to finish at $2.72 a gallon. Wholesale gasoline fell 1.25 cents to close at $2.75 a gallon. Natural gas lost 14 cents to finish at $2.737 per 1,000 cubic feet.
Copyright 2012 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor