Friday, May 30, 2008

Why $150 Crude Oil Won't Matter (And Why $200 Crude Oil Won't Matter, Either)

Crude oil crossed $130 per barrel last week, taking gas prices along for ride. Over the last 90 days, unleaded gas is up 25 percent and appears to be heading higher. Americans are battered by higher pump prices but are still living their lives. Unfortunately, the mainstream media throws salt on the...

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[Source: The Mortgage Reports Blog]

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