Another example of economic short-term memory.Crude prices are continuing upward, as today Nymex Crude closed just shy of $90 per barrel. But in contrast to previous spikes, we’re not hearing the political sounding board in Washington cry for windfall profits taxes, and the talking heads are not aghast with news of gasoline shortages...Oil is up 8% just in the few[...]
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[Source: The Money Blogs]
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