Oil data taken from http://www.opisnet.com
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1/20 - (5:30 P.M.) - - Fuel prices are following the script of internet
stocks today, soaring by increments not seen since the Persian Gulf War or
the supply crunch of December 1989. The increases are dizzying in their
scope, with many products now more than 200% above where they stood a year
ago.
Here's a look at how some key products have performed over the last ten
days, and how wholesale spot prices compare to last year.
THE 21ST CENTURY PRICE SPIKE
Product Jan. 10 Current price estimate Last year
------ ------- ---------------------- ---------
NY Spot No. 2 66.00 $1.07 gal 32.0cts gal
NY Spot diesel 69.50 $1.08 gal 32.5cts gal
NY Jet Fuel 82.75 $1.18 gal 35.0cts gal
NY Kerosene 85.00 $1.29 gal 37.0cts gal
NY Unl Gas 67.00 77cts gal 34.0cts gal
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jeff's comments: This may not be a significant indicator of oil
problems, but eventually we will enter a period of rapid price
increases and fluctuations. It is a good idea to watch this happen
and understand it. Change is coming it is just a question of when.
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jeff owens, [EMAIL PROTECTED], http://www.xprt.net/~jko
underground house, solar power, self-reliance, edible landscape
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