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September 17, 2008 11:55 AM

Oil's Dramatic Price Retreat Ripples Around The World

Washington Post:
Just two months ago, spiking petroleum prices were emboldening confrontational oil exporters such as Venezuela, Russia and Iran, fueling inflation anxiety at the Federal Reserve, raising expectations at American biofuel producers, and crimping the budgets of airlines and ordinary households alike.
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Price ,
Retreat ,
Ripples ,
Around ,
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