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Thursday, July 13, 2006

Speaking of Oil

The price per barrel reached yet another all time high today. At this moment it's $76.30 per barrel.

Watching CNBC they are blaming the price on Iran, Nigeria and Iraq. "Keep your eye on where the oil is."

Meanwhile, the Dow is down 94 points. The housing market is going south and it looks like a hard landing - not a soft landing.

Didn't the President just give us the good economic news?

 

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