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Here we go again, gas prices will increase due to Hurricane Gustav.
By GREGORY MEYER
September 2, 2008 3:36 p.m.

NEW YORK -- Crude oil futures extended declines Tuesday on signs the impact of Hurricane Gustav won't bottle up the Gulf Coast petroleum industry for long.

Light, sweet crude for October delivery settled $5.75, or 5%, lower at $109.71 a barrel on the New York Mercantile Exchange. It was the lowest settlement price since April 8. Brent crude on the ICE futures exchange settled at $108.34 a barrel, down $1.07. For More Click Here