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Updated from 2:57 p.m. EDT
Oil futures fell Tuesday as Gulf Coast energy providers continued to report slow but steady progress in bringing back their storm-damaged infrastructure.
Crude for October delivery closed down $1.61 to $65.96 a barrel, pressured by news that members of the Paris-based International Energy Agency will add 60 million barrels of emergency reserve fuels to world markets over the next month. Gasoline futures fell 13 cents to $2.05 a gallon, but are still about 7% higher than they were before Katrina hit.
Retail gasoline prices averaged $3.05 a gallon countywide last week, the AAA said on its Web site. ...
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