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Week ending July 2 - Crude moving back down towards $70 with gasoline up an

Prices are comparatively not so bad compared to past July 4th weekends? [b]Crude[/b] [b]Supply and Demand[/b] - On Wednesday, the EIA reported that Crude Stocks were down 2.0 million barrels for the week but were up 12.9 million barrels above the same period a year ago. This is well above seasonal norms and should help to relieve prices in future months. NYMEX Crude futures fell for a fifth consecutive day as disappointing Government economic data continues to hint that the economic recovery has indeed stalled.

Week ending July 2 - Crude moving back down towards $70 with gasoline up an
xcel, Jul 2, 2010
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