Oil prices held near $90 a barrel Friday, a barrier crossed for the first time in after-hours trading in New York on speculative buying.Investors are being drawn to energy futures as a hedge against the weakening U.S. dollar. That, plus worries over tensions between Turkey and Kurdish rebels in northern Iraq, has lifted crude oil prices to new records for five straight days
It’s unlikely all our warhawk redneck friends who thought they’d be getting cheap gasoline out of the Iraq invasion are blaming themselves for supporting that diabolical disaster, but perhaps they’ve learned a lesson.
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