“Crude oil futures for December rose 95 cents to $83.90 a barrel on Tuesday, the highest closing price since May 3, as the dollar weakened again and traders focused on the expectation of a new round of “quantitative easing” by the Fed.
You’re feeling oil’s surge at the pump: Gasoline prices are up 14 cents a gallon in Southern California over the last month.” Read more.
“Oil Hits Six-Month High as Fed Talks Up Inflation”
Tom Petruno
Los Angeles Times, November 3, 2010.
Image by m_bartosch / FreeDigitalPhotos.net.
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