Rising gas prices push wholesale costs higher
Gas prices jump 5.7% before the retail level

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World oil prices edged higher on Tuesday
World oil prices edged higher on Tuesday as international powers gathered in London to map out the future of Libya, a key exporter of crude.

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Oil falls below $105 as OPEC mulls higher output
By PABLO GORONDI Associated Press Oil prices fell below $105 a barrel Tuesday on the news that OPEC members were discussing the possibility of boosting oil production to stabilize markets rocked by…

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Gas Prices Climb Higher Despite Hefty Supply
(USA Today)–Retail gasoline prices are likely to creep higher as anti-government protests continue in Egypt and concerns remain about the stability of the Middle East.

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Despite higher gas prices, more people expected to travel
The North Platte Telegraph Travel costs are going up. As of Tuesday, gas prices in North Platte were up about 46 cents from a year ago. AAA’s Daily Fuel Gauge Report showed that the average cost of regular unleaded was $3.08 per gallon, compared to $2.62 last year.

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Forest Oil Sees Lower Capital Spending, Higher Sales Volume In 2011 – Update
Oil and gas company Forest Oil Corp. (FST) on Thursday announced its capital budget for 2011, which represents a 10 percent decline compared to the guidance for the prior year. The company expects to spend 80% of its exploration and development budget in 2011 on liquids-rich prospects. In addition, the company projects annual organic net sales volume growth for the year to increase 10 percent …

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Venezuela says no threat from higher oil prices
CARACAS, Jan 15 (Reuters) – Rising oil prices do not threaten the global economic recovery and there is no need for an emergency OPEC meeting to consider increasing supply, Venezuela’s Energy Minister Rafael Ramirez said on Jan. 15.

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Oil to end the year 12% higher
Crude to average nearly $US80 in 2010, second highest on record. 31 Dec 2010 4:24 PM

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Pump prices headed higher in time for holidays
Retail gasoline prices are poised to test highs for the year just as the holiday season pushes into high gear.

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Oil hovers above $81 in Asia as US GDP growth, higher supplies give mixed signs
SINGAPORE – Oil prices hovered above US$81 a barrel Wednesday in Asia as an upward revision of U.S. economic growth and a report showing an

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