Oil Prices

[Echonova]

They were talking about that last night on CNN actually. They say due to gas production at a halt from when Gustav made landfall, that drove prices up on fuel and now that Ike is making land fall that is still delaying production of gas again. Oil prices luckilly are not being affected to far from Ike, so as long as it keeps going down once all the production areas are back up within a week or so pending damage from Ike we should see relief

Edit: Nevermind, You didn't ask that question...


However, price of gas shot up 89 cents at the bulk plant yesterday, buy gas today before it hits the stores. After Ike passes if there is no or little damage, gas should drop to around $3.00.