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Oil Soars

050306Oilbarrels200-2
Well, I'd like to say I have good news and bad news, but I don't think I have any good news.

Oil prices have flown through the roof this morning. As we post this, a barrel of crude is now trading at 66.25, up over $2 since yesterday.

Reason? Escalating tensions about goings-on or potential goings-on in the Middle East.

Posted by Holly on March 29, 2007 2:16 PM |

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