" F% A. w" w$ d4 J: }% ]Crude oil prices fell to nearly $50 a barrel Wednesday, their lowest levels since May 2005. : {4 r: y) b" b: c# u0 A# h' p. c, C Y
Light, sweet crude for February delivery was down 62 cents to $50.59 a barrel in mid-morning trading on the New York Mercantile Exchange.# A, s3 b7 p7 b1 M3 c
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February natural gas fell 7.3 cents to $6.565 per 1,000 cubic feet in New York. February heating oil was down 1.24 cents at $1.4679 a gallon. February reFORMulated gasoline futures fell 2.13 cents at $1.3480 a gallon. , r$ i' ~: Q6 A4 |: `0 B' Q7 l+ q: l( \8 A6 z
AAA said Wednesday the average U.S. retail regular-unleaded gasoline price was $2.217 a gallon, down 0.012 cents from Tuesday. - z' [- y B& e% ?: z& I* H ' i0 Y) z/ m8 }. H# H. Z5 ~( C2 s% u3 D: I* P: @
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Source: UPI (January 17, 2007 - 9:30 AM EST)* [ E' i ?. B" P) _, l& X