Gasoline Prices Add to Record Gains- tomorrow bloody

AP
Gasoline Prices Add to Record Gains
Monday April 7, 3:37 pm ET
By John Wilen, AP Business Writer
Gasoline Prices Advance Further Into Record Territory, Driven by Oil and Supply Concerns

NEW YORK (AP) -- Gas prices rose further into record territory Monday, pulled higher by resurgent oil futures and a growing belief that gasoline supplies are falling as the summer driving season approaches.
Oil futures, meanwhile, jumped by more than $2 a barrel as traders bet the Federal Reserve will continue cutting interest rates. Comments from OPEC suggesting the cartel plans no production increases also boosted oil prices.