Thursday, March 10, 2011

Oil prices up 13% in one month

From: http://www.economagic.com/em-cgi/data.exe/var/west-texas-crude-long

On 2/1/11 the price was $89.58. On 3/1/11 the price was $101.07. That's an increase of 12.8% in one month. Sounds like hyperinflation to me.

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