Saturday, October 27, 2007

Oil Prices Expected to Ripple Through Economy

Oil hit $92 a barrel this week and most people expect it to reach $100.

We've already seen the impact that higher oil prices have played on food costs during the past year. So it's no surprise that many are becoming even more concerned as the price of oil continues to climb.

NBC Nightly News reported last night on the impact of rising oil prices on the economy. View the NBC Report HERE.

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