Wednesday, August 31, 2005

Gas Prices Leap in Katrina's Aftermath - Forbes.com

"Gasoline prices leaped Wednesday as key refineries and pipelines remained out of service following Hurricane Katrina, crimping supplies and leading to caps on the amount of fuel delivered to retailers.

The U.S. government said it would loan oil to refiners facing shortfalls. Crude futures prices fell but remained close to $69 a barrel. "

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