: W9 N, j( [5 _9 r7 i+ KCrude oil prices fell to nearly $50 a barrel Wednesday, their lowest levels since May 2005. " ~ z4 j# @6 y9 w& u 3 K* ]% S. |' s; iLight, sweet crude for February delivery was down 62 cents to $50.59 a barrel in mid-morning trading on the New York Mercantile Exchange.& e* J3 w2 G/ d- L/ j6 r- e
5 t. m& N$ |+ G: hFebruary 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. : u. T3 ~. h! ]- [# X( u# x " f% B( V3 A' R% i& q* O4 D) MAAA said Wednesday the average U.S. retail regular-unleaded gasoline price was $2.217 a gallon, down 0.012 cents from Tuesday. : A5 o8 m- G4 E 1 W7 q! P! o( `8 ^$ T/ w- A; Y0 ] l0 Z! r6 v! O7 k
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Source: UPI (January 17, 2007 - 9:30 AM EST)' }' t' O N( m& [" w% `9 m4 Q0 J3 X" u