"Oil Hits Six-Month High as Fed Talks Up Inflation"

"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.

Sign up here to be notified of new articles from Tom Duncan and AIER.