
August 27, 2012
The price of oil fell Monday, Aug. 27, 2012, as the threat to production from Tropical Storm Isaac appeared to lessen and traders speculated about a release of oil from U.S. reserves.
Stories this photo appears in:
Gas prices rise as refineries shut for Isaac
The U.S. government says 78 percent of the oil production in the Gulf of Mexico has been halted in preparation for Tropical Storm Isaac.

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