Oil is on the rise and it is a good and bad thing for people and business' alike. More money for the oil industry the more money by everyone else. With Oil hitting a price of $106.54 a barrel it is the highest price for oil ever. There is traders balancing weak jobs with the decline of the American dollar which they believe is the cause of the high prices.
The article is:
http://money.cnn.com/2008/03/07/markets/oil_prices.ap/index.htm?postversion=2008030711
The Blog is:
http://peakoil.blogspot.com/
The Blog is designed for the discussion of the oil prices and what suggestions and comments can be related to that topic.
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