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Rising Oil Prices: Here’s Four Ways To Play Crude Oil
Oil is trading well over $70 a barrel – at its highs for this year – and just off nine-month highs of $73.20, seen last October 21, oil has been steadily rising. Oil prices have risen nearly 100% since their $38 a barrel lows seen last January.
Unfortunately – at a time when consumers can’t afford a wallet drain – retail gasoline prices across the United States have risen to $2.55 a gallon on average, and over $3.00 a gallon in places like California.
As you drive by the gas station and see the now familiar price changes – sometimes by the hour…
15Jun2009 | Investment U | 0 comments | Continued
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