GarmanSynthetics.com

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Charles and Patricia Garman - Independent AMSOIL Dealers, Kettle Falls, Washington

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FLASH: July 6, 2007 (Bloomberg) -- Crude oil rose on skepticism that US refineries can produce enough gasoline to keep up with increasing consumption of the motor fuel. ... The price of gasoline is trending back up in Oklahoma, and the energy industry again is looking at what's going on at the crude oil storage hub in Cushing, OK., http://newsok.com/article/3077450 .... SINGAPORE, Bloomberg - USA "We still are at a near record low" for gasoline supplies. Crude oil for August delivery rose 85 cents, or 1.2 percent, to $72.66 a barrel at 9:12 am ... Oil: The price of Brent North Sea crude oil climbed beyond $76 for the first time in almost a year as traders fretted over violence in Nigeria. Brent North Sea crude for August delivery touched $76.01 per barrel, a level last reached on August 11, 2006. New YorkÕs main oil futures contract, light sweet crude for delivery in August, hit $72.94 Ñ the highest level since August 25. In southern Nigeria, gunmen who kidnapped a three-year-old British girl have threatened to kill her Ñ unless her father takes her place, her mother said on Friday, as unrest continued to blight AfricaÕs biggest crude producer.
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