Petroleum Prices Rise as Supplies Tighten

Petroleum Prices Rise as Supplies Tighten

Crude oil, gasoline, and other petroleum prices rose this week as global and U.S. supplies became tighter. West Texas Intermediate closed at $87 per barrel on Wednesday. Brent crude oil, traded internationally, hit $90 this week. Gasoline and diesel prices also rose. According to AAA, the average cost for a…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.

 

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