Sunday, March 18, 2012

Today’s Crude oil price per barrel Gas price per gallon; Fear over how to pay the gas bill on the rise

Oil Price, Gas Price, Anxieties Rise: Energy commodities finished green across
the board last session. Oil prices continue to climb the ladder, as do gas
prices , across the U.S. Gas prices climbed higher again to end the last week
and are nearing record highs. The increase in gas price was the eighth
consecutive day that the average price of gasoline rose higher in America. As
crude oil continues to price higher, gas price climbs and American anxieties
over how to foot the bill rise as well. Energy Commodity Close Review Today:
Crude oil contract for April delivery finished the last session higher by 1.95
and closed with a last floor price of 107.06 per barrel. Heating Oil contract
for April delivery finished the last session higher by .059 and closed with a
last floor price at 3.28 per gallon. Natural Gas contract for April delivery
finished the last session higher by .047 to close with a posted floor price at
2.33 per million BTUs. Unleaded gas contract finished the last session higher by
.068 and closed with a posted floor price at 3.36 per gallon. Gas price per
gallon at the pump continues to notch higher with the higher oil prices. Oil
really has become black gold . According to data via AAA motorist group, the
average price of gasoline per gallon is up 17 percent this calendar year so far.
Yesterday, the average price of a gallon of gasoline posted at 3.85. The record
from last summer stands less than thirty cents higher. Fears and anxieties rise
with every additional penny added at the pump. Camillo Zucari

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