Gas hits $3.60 a gallon, crude nears $120 on supply outages

April 28th, 2008 by GoldSilver | Posted in Economic News |

NEW YORK (AP) — Gas prices hit $3.60 a gallon and oil futures rose to their own new record near $120 a barrel on Monday as labor actions overseas threatened crude supplies. Oil prices later retreated to close up only slightly as the dollar stabilized against foreign currencies.

  • To read the full article, click the highlighted text in the body of this message.
  • To see more blog entries, click here.
  • To post your comments about this article, please see below.

You must be logged in to post a comment.