The U.S Dollar

The dollar hovered near record lows on Wednesday as unexpectedly weak data showed orders for long lasting U.S.-made goods fell the most in five months, cementing expectations for further U.S. interest rate cuts.

The dollar slid to an all-time low versus a basket of currencies earlier in the global session as investors grew more convinced the the Federal Reserve will cut rates yet again.

U.S. durable good orders fell 5.3 percent in January, compared with the 4 percent forecast from economists polled by Reuters.

National Average for Gas

The average price of self-serve regular gasoline on Friday was $2.94 a gallon, mid-grade was $3.07 and premium was $3.18, according to the Lundberg Survey of 7,000 stations nationwide.

Of the cities surveyed, the cheapest price was in St. Louis, where a gallon of regular cost $2.76, on average. The highest was in Honolulu at $3.35.

Barrel of Oil for $101.00

Not really suprising news but crude oil is still rising. on thursday it hit a record over $101. The markets are weakening and it doesnt look any better in the future. Plus U.S. government data showed a sharp 4.2 million barrel build in crude stockpiles last week in the world's top consumer, nearly double analyst forecasts. Gasoline stocks swelled to 14-year highs and distillate inventories fell. Yup it sucks but what is new?