Crude oil rose above $120 a barrel to a record high, on concern that production disruptions in Nigeria, Africa’s biggest producer, will limit supplies.
Militant attacks on an oil-transfer facility in the country forced Royal Dutch Shell Plc to reduce output, the Associated Press reported May 3, citing the company. The Nigerian Movement for the Emancipation of the Niger Delta, or MEND, claimed responsibility for the weekend assault.
Meanwhile, the average national price of a gallon of regular gas slipped to $3.611 a gallon on Monday, down 1.1 cents from Friday, according to AAA and the Oil Price Information Service. Prices peaked at a record $3.623 a gallon on Thursday.
(Source: Bloomberg / Associated Press)
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Everybody aught to walk for the next few weeks. In lieu of bus, train, use a bike. That’s the only thing that will teach these these thieves.
Our engine died and we are not replacing the car because we refuse to give any more money to the Jew hating Arabs, YM”SH.