|
U.S. stocks turned sharply lower in the afternoon, which may have also influenced some selling of oil futures. Brent crude, which is used to price international varieties of oil, dropped $2.49, or 2.3 percent, to $105.73 in London. Gas prices rose only slightly in New York and New Jersey, despite many gas stations being unable to open and long lines of cars at the ones that could. The national average for a gallon of gas slipped a penny to $3.496 a gallon. It's down 8 cents in the last week. In other trading in New York: Wholesale gasoline futures dropped 6 cents to $2.57 per gallon. Heating oil fell 9 cents to $2.95 per gallon. Natural gas dropped 14.5 cents to $3.55 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 This material may not be published,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