June 26, 2008

Oil Price Rises - New Record High

Think oil prices are leveling off and you don't need to worry about fuel efficiency? Think again! This just in...one barrel of oil now costs $140 - a new record. According to a CNN article just released this afternoon, fear of reductions in oil supply from Kenya and comments made by OPEC officials citing a $170 price later in the summer has caused this record spike in price.

Good luck finding a Prius!

>>>>>> CNN Article - Oil Price Record <<<<<<

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