OIL

Oil

Oil

Rising oil charges fuels argument over offshore drilling

With oil charges ascending beside highs for the year overhead $88 a barrel Friday, power analysts forecast that oil could increase to $120 a barrel before the end of 2012, supplementing more fuel to the argument over offshore drilling. It's hard to state precisely what that would signify for motorists buying petrol since the cost of gas counts upon several distinct variables, encompassing the district, retail charges and localized and state levies, AAA notified FoxNews.com. But the present nationwide mean cost of gas is $2.90 as of Thursday,

The approaching of the flawless storm. ...