Tuesday, March 11, 2008

OIL - Over $108 A Barrel: No End In Sight To Rising Prices

Oil prices surged Monday to a new inflation-adjusted record and their fifth new high in the last six sessions on an upbeat report on wholesale inventories. Gasoline prices, meanwhile, were poised to set a record at the pump, having surged to within half a cent of their record high of $3.227 a gallon.

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