From: "Antti Kurenniemi" 

"Geo"  wrote in message news:431c74f5{at}w3.nls.net...
>> I just came home from a week in London, to find out that the prices had
>> hopped something like 15% here to a comfy (calculating...) 7.1 USD per US
>> gallon! Holy expensive petroleum, Batman!
>
> Yes, the current excuse is that the hurricane shut down many oil drilling
> platforms in the Gulf of Mexico so a lot of production was lost.
>
> The reality is that prices at the pump went up with the news instead of
> with
> the next delivery.

Exactemundo. We're now selling part of our national oil reserve to ease the
price peak on consumers, and that news alone dropped the price yesterday
about 10c / litre. It's a quick market to react to news ;-)


Antti Kurenniemi
(though hardly ever dropping the price)

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