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Archive for April 29th, 2008

Tuesday, April 29, 2008 @ 11:04 AM
BoatsOfFury

Oil Prices Slide as Summer Looms CloserAs the Associated Press is reporting, bulk oil prices have slid today to $116 a barrel. The news comes as the spring season enters the home stretch and Americans prepare for the summer – a season that is most popular for vacationing and leisure activities such as fishing and boating.

The decrease in oil prices was due to the end of a refinery strike in Scotland, which adds to the falling demand of oil, though gas prices are still averaging at $3.67 throughout the U.S.