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Oil Prices Rise As Traders Track Potentially Destructive Storms That Could Hit Gulf of Mexico
VIENNA, Austria (AP) -- Oil futures rose Monday as traders tracked potentially destructive storms that could hit the Gulf of Mexico region.
Trading was sluggish, however, as the U.S. financial markets were closed due to the Labor Day holiday.
Worries over a Category 5 Atlantic storm, Hurricane Felix, eased somewhat as it churned its way into the open waters of the Caribbean Sea Sunday and looked less likely to hit the Gulf of Mexico, where key refineries are located.
Still, the National Hurricane Center in Miami advised workers on oil platforms in the Gulf of Mexico to monitor the progress of Felix and said the storm could reach the area in four to five days.
Rebecca Waddington, a meteorologist with the center warned that both hurricane Felix and tropical storm Henriette could shift course.
of course they jump. Republicans love tragedys wether they are man made or natural, just an excuse to make more profits, I suspect this hurricane will make some republicans an extra few million
of course they jump. Republicans love tragedys wether they are man made or natural, just an excuse to make more profits, I suspect this hurricane will make some republicans an extra few million
You could stop buying gas and you will shut down the republicans that way.
You could stop buying gas and you will shut down the republicans that way.
ha well unfortunatley we need gas, like water and electricity
I could stop buying gas but I would eventually be living on the street and my dog wouldnt like that
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