Oil price jumps as Rita heads to refineries
Saturday, September 24, 2005 Oil, natural gas, and gasoline futures prices are all rising in anticipation of the Hurricane Rita landfall on Friday. The market price for crude oil is rising about 1% a day, while gasoline futures rose 5% both Wednesday and Thursday. Natural gas prices are also rising, with NYMEX Henry Hub price index showing an increase of over 3.5% on Thursday. Oil refineries in the path of