Oil Prices Set New Record

Wednesday, May 7th 2008, 6:39 pm
By: News On 6

Some good economic news for oil producers.  But, it may mean tougher times for motorists.  Crude oil has topped $123 a barrel this week, for the first time ever.

Some analysts predict over the next two years, crude prices will top $200 a barrel.  Higher oil prices typically mean higher gas prices.

Oklahomans, on average, are paying $3.46 a gallon, that's the third lowest price nationally.