Ivan Raises Gas Prices Far From Landfall
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Carolyn Roberts was ready for heavy wind and rain as the remnants of Hurricane Ivan approached northwest Georgia, but she didn't anticipate storm-driven sticker shock at the gas pump.
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Oil prices shot up more than $1 a barrel Monday as traders focused on the changing path of Hurricane Ivan, which prompted several large oil and natural gas producers to evacuate rigs in the Gulf of Mexico.
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The U.S. nationwide price for  gasoline rose closer to $2 a gallon over the last week and  diesel fuel hit a new record high for the second week in a row,  the government said on Monday.
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World oil prices rose on Thursday as  Hurricane Ivan reached the U.S. Gulf Coast, shutting more than  1 million barrels daily of output in the Gulf of Mexico and 13  percent of U.S. refining capacity.
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NEW YORK - Oil prices climbed to within a dollar of a new record on Wednesday after the US government reported a big decline in oil stockpiles because of disruptions from Hurricane Ivan.
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Oil jumped $1 past $75 a barrel on Tuesday as a top U.S. hurricane forecaster called for a busy end to the Atlantic storm season, raising concerns over potential oil and gas disruptions.
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Oil prices extended record-setting highs  above $51 for U.S. crude on Wednesday, fueled by the impact of  Hurricane Ivan on U.S. winter inventories.
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US crude leapt about $1.50-a-barrel yesterday as petroleum giants evacuated thousands of workers from the Gulf of Mexico ahead of Hurricane Ivan.
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Oil prices jumped more than a dollar,  climbing above $48 a barrel Wednesday after U.S. data showed  the disruption caused by Hurricane Ivan had eaten into fuel  stocks.
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Oil prices jumped anew Monday as Hurricane Ivan continued to ravage the Caribbean and forced the evacuation of some oil workers in the Gulf of Mexico.
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Crude oil prices pushed above $49 a barrel on Monday, reflecting concerns about supply in key producers and Hurricane Ivan&#39;s impact on oil rigs in the Gulf of Mexico.
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Oil prices headed up toward &#36;45 a barrel on Wednesday as Hurricane Ivan shut 60 percent of crude output in the Gulf of Mexico and at least five refiners along the U.S. coast planned to close as a precaution.
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World oil prices shot higher on Monday  as companies operating in the U.S. Gulf of Mexico braced for  output disruptions from powerful Hurricane Ivan.
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Hurricane Ivan blew oil prices back above &#36;44 a barrel on Tuesday, fueling fears of disruption to supplies and giving European investors an excuse to take profits from stock markets at 10-week highs.
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OIL prices extended record-setting highs near $52 for US crude yesterday, fuelled by the impact of Hurricane Ivan on US winter inventories.
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Oil prices darted above $51 a barrel Tuesday as output in the Gulf of Mexico remains in shambles more than two weeks after Hurricane Ivan tore through the region.
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Crude futures prices surged above $48 per barrel Wednesday as oil production and shipping disruptions caused by Hurricane Ivan caused domestic supplies to shrink more than expected.