Reply #40: Crude futures slip, but natural-gas, gasoline prices rise [View All]

[UpInArms]

http://www.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38595.4260833102-841029934&siteID=mktw&scid=0&doctype=806&

SAN FRANCISCO (MarketWatch) -- Unleaded gas futures struck a new record Wednesday, edging closer to $3 a gallon as expectations for a ninth-weekly decline in U.S. gasoline supplies outweighed news that the White House will release some oil from the Strategic Petroleum Reserve. September unleaded gas was up 6.3% at $2.63 a gallon. October unleaded, which becomes the lead-month after the session ends, was up 3.7% at $2.28. At the same time, October natural gas climbed 3.1% to $12.02 per million British thermal units, while October crude fell 32 cents to $69.49 a barrel.