Wilma Forms in the Caribbean

NEWS.YAHOO.com reports that Tropical Storm Wilma formed Monday in the northwestern Caribbean, tying the record for the most storms in an Atlantic season and following a path that some forecasters believe could menace the Gulf Coast later this week as a hurricane. Wilma is the 21st named storm of the season. The only other time that many storms formed since record keeping began 154 years ago was in 1933.

Reports of the storm caused oil futures to rise more than $1 a barrel. Fill up now, because over the next week, prices will rise again.