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06
Jun
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by Buck • 8:41 am
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When the price per barrel dropped several days ago, people were told it would be a few weeks before that lower price would reflect at the pump. It’s such a shame that didn’t happen. Well, that’s what you get when all it takes is a sneeze or someone crossing their eyes to effect the price of gas.
Oil surges more than $5
Crude responds to the dollar’s drop as the European Central Bank president suggests a rate hike that would strengthen the euro.
NEW YORK (AP) — Oil prices rose back above $128 a barrel Thursday after the dollar fell in response to comments by European Central Bank President Jean-Claude Trichet suggesting the bank could raise interest rates.
At the pump, meanwhile, gas prices rose to a new record near $3.99, and appeared likely to hit $4 soon.








