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Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

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Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

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Crude oil prices fall modestly | The Money Times

Money Matters - Simplified

Crude oil prices fall modestly

New York -- Crude oil prices on the New York Mercantile Exchange dropped below $79 per barrel Tuesday, although it is too early to declare a new holding pattern.

The price of light, sweet crude bolted out of a holding pattern between $65 and $72 early in October, but price hikes put on a burst of speed last week, propped up by renewed confidence in equity markets.

The price of crude oil fell 45 cents Tuesday to $78.67 per barrel. Heating oil prices lost 0.0083 cents to $2.039 per gallon. Reformulated gasoline prices shed 0.0175 cents to $1.9702 per gallon. Natural gas prices reached $5.17, up 0.009 cents.

At the pump, the national average price of unleaded gasoline rose Tuesday to $2.577 per gallon, up from Monday's $2.564, AAA said.

Copyright 2009 by United Press International.

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