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Vol. 13, No. 30 Week of July 27, 2008
Providing coverage of Alaska and northern Canada's oil and gas industry

Oil tries to advance after big drop

Shifts in consumer demand and modest strength in the dollar keep prices in check, despite concerns in Nigeria; gas prices also fall

By Adam Schreck

Associated Press Writer

Oil market investors tried but failed to start a rally in crude on July 24, leaving prices hovering below $125 a barrel. At the gas pump, prices continued their retreat. The national average for a gallon of regular dropped more than a penny and a half to $4.026 a gallon, according to auto club AA....


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