Local Stocks Report Record High Gas Prices Riaus
AAA reports record high gas prices amid local stock shifts. Riaus lists 61.4 and 12.85 and 42.23 with a 0.49 change, noted alongside anna in the market brief.
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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Mar 24, 2004
Page
6
AAA reports record high gas prices amid local stock shifts. Riaus lists 61.4 and 12.85 and 42.23 with a 0.49 change, noted alongside anna in the market brief.
The price of gasoline at the pump reached a new national record of 1 738 per gallon for self serve regular unleaded amid strong demand and tight supplies. AAA cites volatile costs as a budgeting challenge for families and businesses while inventories remain lean and crude oil stays costly.
Wall Street closed modestly lower after an indecisive session as investors weighed the economy and terrorism news. Dow tumbled 5 percent since March 8 amid light volume and cautious bargain hunting, with analysts noting a possible bottom but further near-term declines possible.
Grain and soybean futures declined on Tuesday at the Chicago Board of Trade. Wheat for May delivery fell to 4.13 a bushel, May corn dropped to 3.15, May oats to 1.69, and May soybeans to 10.52 a bushel.
Eastern Cornbelt carcass prices in Springfield rose with higher bids across 0.5 to 0.9 inch respectively. Today's Illinois direct hog purchases total 16 616 with prices steady amid light to moderate offerings and moderate demand. Boars show under 300 pounds 25.00 to 33.00 and over 300 pounds 8.00 to 12.00.
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