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To: pallmer who wrote (6002)	2/21/2003 10:44:37 AM
From: pallmer	Respond to of 29594

-- US oil jumps over $1 on NY propane barge explosion -- NEW YORK, Feb 21 (Reuters) - U.S. crude oil futures soared more than $1 a barrel Friday morning after a propane barge exploded off New York's Staten Island. April crude traded on the New York Mercantile Exchange jumped to an intraday high of $35.95 a barrel, surging $1.21. Heating oil futures also surged, hitting a session high of $1.12 cents a gallon, a gain of 2.07 cents on the day. Propane is used to produce home heating and other consumer fuel products. ((Reporting by Gene Ramos, editing by Caroline Valetkevitch; Reuters Messaging: gene.ramos.reuters.com@reuters.net; +1 646 223 6054; email: gene.ramos@reuters.com) (C) Reuters 2003. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world. nN21384189 21-Feb-2003 15:29:54 GMT Source RTRS - Reuters News