Oil, gas prices continue to soar

The good news is that the oilrigs in the Gulf of Mexico will probably not be affected by Hurricane Katrina. The bad news is that oil still managed to close above $67/barrel yesterday, slightly off from a peak of over $68 earlier in the day. I don't know if it was hurricane-related worries or news of a "minor" refinery fire (not like there's any such thing right now), but gasoline jumped $0.20/gallon during the day around these parts yesterday. AAA doesn't expect this to affect Labor Day travel, though, so you can expect to spend more to sit in a traffic jam next Friday. Just remember not to take it out on your local service-station employee - they don't need that crap. Don't steal your gasoline, either.