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Gas jumps above $3.67, oil passes $126 on Venezuela concerns (AP)
Source Name : Yahoo! News
Source Url : http://us.rd.yahoo.com
Publish Date : Sat, 10 May 2008 11:02:16 GMT
Summary : <p><a href="http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20080510/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080509/capt.ead4c01b2b0f413287f345abb740f54e.oil_prices_mh105.jpg?x=130&y=86&q=85&sig=CaDD3SUv_pPPLNUD5EN5zw--" align="left" height="86" width="130" alt="Thomas Burgoon, top left, and Robert Serra prepare to trailer Burgoon's boat Friday, May 9, 2008, in North Miami Beach, Fla. The men had spent more than $80 to put 20 gallons of fuel in the boat that holds 50 gallons. The men took a shorter ride than normal due to the rising fuel costs. Burgoon explained 'there are only so many dollars coming into my home, so I have to cut costs.' (AP Photo/J. Pat Carter)" border="0" /></a>AP - Oil rose above $126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and Venezuela could cut exports from the OPEC member. Gas prices, meanwhile, rose above an average $3.67 a gallon at the pump, following oil's recent path higher.</p><br clear="all"/>
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