Oil hits record as fears push prices to new high
Oil prices surged on the New York market crossing 41 dollars a barrel and settling at a 21 year peak amid terrorism fears and Middle East tensions. June crude settled at 41.08 while Brent traded at 38.49 on the IPE. Gasoline and heating oil also rose with demand concerns and supply fears for summer driving.
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Clerk cited for assault at Ghevron station on Interstate 10
Police beat reports a Ghevron service station clerk was cited for assault with minor injury after a Tuesday morning altercation with a customer at the 5000 block of Interstate 10. A Baytown man allegedly assaulted his wife and interfered with emergency calls, charged with minor assault and interference. from 6 am Wednesday to 6 am Thursday Baytown police handled 171 calls including 12 alarms and three major accidents.
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Stocks slip as inflation fears push markets lower
Wall Street faced renewed inflation anxiety with a higher than expected wholesale price rise in April. The Dow fell 34.42 to 10,010.74 while the S&P 500 edged down and the Nasdaq managed a slim gain. Core wholesale prices rose 0.2 percent, in line with forecasts.
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