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Tuesday, March 11, 2008
Not that we’re surprised any more since oil prices have been breaking records for months now, but light sweet crude oil for April delivery surged to a new high of $109.72 on the New York Mercantile Exchange today (March 11, 2008). Then again, with the current exchange rates between the USD and the Euro, that calculates to just €70.9 a barrel for our European friends. However, oil prices continue to rise in
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