Jim Thompson wrote:

http://www.marke****ch.com/news/stor...%7D&siteid=rss

Feb. 26, 2008

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As the broader market began to regain lost ground, crude prices for
April delivery gained 2.3% to a new high of $101.11 a barrel on the
New York Mercantile Exchange, surpassing crude's last record of
$100.65 hit last week.


Or, the dollar drops to $101.11 per barrel. That's about 66.96 EU/
barrel. There's a good change that if you offered to settle in Euros,
most oil producers would quote you a better rate than that.

--
Paul Hovnanian
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Life is like an analogy.