Published: Tuesday, July 22, 2008
Oil rose Monday as tropical storm Dolly rumbled into the Gulf of Mexico, stoking fears of disruptions to U.S. offshore oil and gas production.
U.S. crude settled up $2.16 at $131.04 a barrel after concerns about U.S. demand knocked prices from record highs of more than $147 a barrel last week. London Brent crude rose $2.42 to settle at $132.61 a barrel.
The storm, with sustained winds of nearly 85 km/h, emerged from the Yucatan Peninsula over the warm waters of the Gulf of Mexico and could reach hurricane strength today....
July 21, 2008
Playa del Carmen, Mexico
Photographer states :: Dolly made it over the Yucatan without giving us to much trouble beside the rain. But she is still wagging us with her tail. Thunderstorms all around. [PaaMul, Quintana Roo, Mexico, 10 Miles south of Playa del Carmen] Looks as if she is going to make some real trouble now. Much look for all in Texas and northern Mexico.
