Energy Futures Higher

MICHAEL FITZPATRICK, Fimat USA, New York (2:35 p.m. EDT): Energy futures, after opening lower on worries about higher inventories, turned higher on the news Venezuela is having trouble with one of its catalystic crackers... don't know when it will resume operations... refinery problems recently have been the major factor in gasoline surging.. believe June gasoline futures, now at 106.80 cents, could hit 110 cents in near future... May futures hit 116 cents last week, which bit overdone... crude is up at $28.50 level.

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