# L6 B% q: ?: n9 U9 ^! jCrude oil prices fell to nearly $50 a barrel Wednesday, their lowest levels since May 2005. * M; q- J5 K* K2 c0 n V& z# g) A5 @( \/ _/ c
Light, sweet crude for February delivery was down 62 cents to $50.59 a barrel in mid-morning trading on the New York Mercantile Exchange.5 u' K$ [, G# C% `4 g3 l& M
& }8 w7 q% V+ p/ x/ K( c8 OFebruary 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 $1.3480 a gallon.' _" m& A$ U n- D. B! g
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AAA said Wednesday the average U.S. retail regular-unleaded gasoline price was $2.217 a gallon, down 0.012 cents from Tuesday. & j: ~8 O/ U9 U, @3 D- b r $ Z7 m% r6 h7 X8 U8 G: J/ t' [9 e) y5 e' F8 e$ X; w8 o5 _
1 {' o. Q( O& F7 qSource: UPI (January 17, 2007 - 9:30 AM EST)1 ^& F. o" X9 W- ]" ~