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Old 05-21-2008, 04:36 AM   #1 (permalink)
CRJammin
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Joined APC: May 2005
Position: CRJ-200 Captain
Posts: 155
Exclamation Oil marches past $130 a barrel

When will this insanity end?

Shortage fears push oil futures near $140

By Carola Hoyos and Javier Blas in London

Last updated: May 21 2008 10:57

Fears of a shortage within five years propelled long-term oil futures prices to almost $140 a barrel, further stoking inflationary pressures in the global economy.

http://www.ft.com/cms/s/0/c2955660-2...nclick_check=1
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