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Oil drop but gas climbs baffling drivers in 2009
Crude prices fell near 34 on the year while the national gas average rose to 1.95, its yearly peak, as realities of overseas crude, refining bottlenecks, and pipeline limits keep pump prices buoyant despite cheaper WTI. Analysts warn against a quick fix as demand slumps and futures diverge.
MENTIONED IN THIS ARTICLE
New York
West Texas
New York Mercantile Exchange
San Bolt
Eee Eee
U.S
Ming
Apne Tepeomng
United States
Tom Kloza
Oil Price Information Service
Auto Club Aaa
Wright Express
America
North Sea
Saudi Arabia
South America
Brent North Sea
Deutsche Bank
San Antonio
WTI
Charles T. Drewna
Drewna
Stuart Pollok
Chevron
Los Angeles
Exxon Mobil Corp
Christel Sayegh