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Tuesday, May 02, 2006

Gasoline Futures On Fire!

Gasoline futures on fire! With energy prices near all-time highs and US Gasoline stocks tight, it does not take much to push prices higher. Sunday, a fire at a Sicily refinery owned by Italian energy behemoth ERG SpA's shut down production at that facility for the foreseeable future. Even though the US imports very little Gasoline from Italy, any disruption has traders bidding-up prices. Read More....