Oil nears $126 per barrel ahead of US driving season

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By Pablo Gorondi
09 May 2008 @ 09:11 am EST

In this Sept. 19, 2007 file photo, an oil pump is seen at dusk in Sakhir, Bahrain. A reader-submitted question about the rate at which oil is pumped from the Earth is being answered as part of an Associated Press Q&A column called 'Ask AP.' (AP Photo/Hasan Jamali, file)

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AP Business Writers Thomas Hogue in Bangkok, Thailand, and John Wilen in New York contributed to this report.

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Oil nears $126 per barrel ahead of US driving season

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