Gasoline Prices Rise with Storm
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U.S. average retail gasoline prices  rose over the last two weeks as storms temporarily shut  down  oil production and refineries along with Gulf Coast, an  industry analyst said on Sunday.
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Reports of damage to several oil facilities and more storms on the way raise crude prices. LONDON  - Crude prices climbed Friday as oil companies surveyed the damage wreaked by Hurricane Ivan after the storm pounded the key oil producing region.
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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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WASHINGTON &#151; Oil prices charged toward $50 a barrel yesterday, and gasoline prices surged to $1.92 a gallon last week, as petroleum output in the Gulf of Mexico returns at a slower-than-expected rate after Hurricane Ivan, and geopolitical unrest keeps traders on edge.
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World oil prices rose on Tuesday as  Hurricane Ivan charged toward the oil-rich Gulf of Mexico,  where energy companies shut down refineries and offshore oil  rigs and evacuated thousands of workers.
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LOS ANGELES -- Gasoline prices have climbed nearly 8 cents a gallon in the past two weeks because of record-high crude oil prices, and they are likely to continue rising, an industry analyst said yesterday.
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Oil prices charged toward $50 a barrel Monday, and gasoline prices surged to $1.92 a gallon last week, as petroleum output in the Gulf of Mexico returns at a slower-than-expected rate after Hurricane Ivan and geopolitical unrest keeps traders on edge.
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The average price of a gallon of  gasoline in the United States rose 1 cent to an all-time high  over the past three weeks, but absent a supply-affecting force  majore, prices could fall dramatically in the coming weeks,  according to the latest nationwide Lundberg survey.
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World oil prices rose on Thursday on  worries about oil production shut by Hurricane Ivan and a new  storm that could delay imports from entering the Gulf of  Mexico.
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Gasoline prices have jumped 33 cents a gallon across the United States over the past month and are expected to climb still higher at least through March, according to the AAA automobile club.
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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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Oil rose to an all-time high of $80.20 on Thursday after Hurricane Humberto forced the closure of some U.S. Gulf refiners and stoked concerns of fuel shortages this winter.
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The average US retail price of gasoline rose slightly over the last two weeks to almost $1.88 a gallon -- the first increase reported since late May, according to the nationwide Lundberg survey of about 8,000 gas stations.
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Oil prices jumped above $75 a barrel on Tuesday after a top U.S. hurricane forecaster called for a busy end to the Atlantic storm season, raising concerns over potential disruptions to oil and gas production.
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World oil prices rose on Tuesday as  Hurricane Ivan charged toward the oil-rich Gulf of Mexico,  where energy companies had evacuated thousands of offshore  workers and shut some production.
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LONDON : Oil prices bolted higher on fears of disruption to production and import activity in the Gulf of Mexico because of Hurricane Ivan, traders said.
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CAMARILLO, Calif. - Gas prices jumped more than 5 cents a gallon in the past two weeks, largely because of supply problems related to Hurricane Ivan, an industry analyst said.