Rita Drives Oil Prices Up Again

Summary


Hurricane Rita, one of the strongest storms on record, drove oil prices past $68 a barrel yesterday as more than a million Texans fled inland leaving behind evacuated oil fields and shuttered refineries.

The National Hurricane Center called the Category 5 storm "potentially catastrophic" and raised a hurricane watch covering a stretch of coastline that's home to a quarter of America's refineries.

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Rita Drives Oil Prices Up Again

Rita, with sustained winds clocked at 175...

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