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#1
September 27th 05, 10:58 PM
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"Jay Honeck" wrote in message Regardless, the price (around here, anyway) went up 72% in a period of a few weeks, yet oil prices only went up a smidge. (Of course, as we already hashed over in previous posts, most of the price run up was due to refining capacity and the market over-shooting a sustainable price.) Well this was covered quite well both in this group and the media. The reason gas went up was because of lose and feared lose of refining ability not the price of crude. 
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