BREAKING: GAS PRICES JUMP $3 PER BARREL
Ooops.
NEW YORK (AP) — Oil prices jumped more than $3 a barrel Wednesday, halting a three-day slide after the government reported a bigger-than-expected drop in U.S. gasoline supplies. But more signs of dwindling U.S. demand cast doubt on the rally's longevity.
"There's no doubt that refiners are making less gasoline," said Phil Flynn, analyst at Alaron Trading Corp. in Chicago. "The demand is bad so why store a product that you're going to have trouble selling?" FULL ARTICLE, Associated Press...