March 7, 2012

The Case for Higher Crude Prices

Frank Holmes, Forbes


Forbes

Does it feel like it costs an arm and a leg to fill your car these days? While consumers may continue to feel the bite from higher gasoline prices, investors can use these rising prices to their advantage.  Check out the action in the U.S. Oil Fund (USO), which tracks the movement of crude prices.

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TAGGED: Gulf of Mexico, China, gas prices, oil industry, oil

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