May 6th, 2010 Rebounding Economy Pushes Oil Prices Higher
Experts are saying that the raising oil prices is not due to the massive spill that happened last week, but rather to the rebounding economy, and therefore is a good thing. This doesn’t stop a large number of people from worrying about the higher prices. Most analysts are still saying however that the prices will continue to rise to over three dollars a gallon before they might decrease. The reason they are fairly sure that the price hikes are not due to the spill is because the incoming oil has not been slowed down by the mess that was created.
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