Boat units attached to a U.S. Navy coastal warfare squadron conduct port operations to provide protection off the coast of Camp Patriot, Kuwait, Jan. 11, 2008. U.S. Navy photo by Petty Officer 2nd Class Kelvin Surgener.
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Retail gas hits record $3.50 a gallon as oil marches higher
By: News Bites | Submitted on: 04/21/08(SGT NEWS BITE) - Rising gasoline prices tightened the squeeze on drivers Monday, jumping for the first time to an average $3.50 a gallon at filling stations across the country with no sign of relief.
Crude oil set a record for the sixth day in a row -- this time closing above $117 a barrel -- after an attack on a Japanese oil tanker in the Middle East rattled investors.
Link to full article (opens in new window)
Crude oil set a record for the sixth day in a row -- this time closing above $117 a barrel -- after an attack on a Japanese oil tanker in the Middle East rattled investors.
Link to full article (opens in new window)
News Bites are short one or two paragraph excerpts of external news articles with links to the original source.