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Friday, April 29, 2005

Gas Drops Below $50

By Rob on April 29, 2005 at 10:04 pm
1 Comment
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This is welcome news.

NEW YORK, April 29 (Reuters) - NYMEX crude for June delivery ended below $50 a barrel on Friday amid signs of a slowing U.S. economy and with ample supplies of oil available for gasoline refining ahead of the summer driving season.

June crude dropped last traded down $2.27 at $49.50 a barrel.


Who knows though, it'll probably skyrocket again in a few weeks.

Comments

Avatar for Ian

Notice when oil goes up, gas stations are sure to raise their prices ASAP .. but when oil prices go down, prices take forever to go down a bit.

Ian on April 30, 2005 at 12:05 pm
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