Oil prices fall as dollar strengthens

[Maria]

Oil prices slipped Monday as the dollar strengthened and traders hunkered down ahead of some important economic news later this week.

Benchmark oil for November delivery lost 23 cents at $82.43 a barrel in afternoon trading on the New York Mercantile Exchange but remained higher than a week ago.

At the pump, the national average for a gallon of regular gasoline rose to $2.807, according to AAA, Wright Express and oil Price Information Service. That's 11.8 cents higher than it was a month ago and 32.8 cents higher than a year ago.

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[boone315]

Where? It has gone up $.25/gln up here in the last week

 

[Sean McQuaid]

Gasoline prices have been rising here for a couple of weeks. One day last week, I saw a 10 cent rise in a day. Must be a last gasp to gouge us for money we don't all have.