Oil prices surged higher on Friday, pushing past the $70 per barrel mark, then fell back to finish out at $68.44. The rise came as investor confidence in the United States economy, the largest consumer of energy worldwide, continues to increase.
In the past 40 days, the average price of gas has increased by more than 54 cents per gallon.
It's nice for the stock market to see the dollar weak and oil going higher, but its bad for my wallet and I think ricing oil prices will stall this rally.
Oil Prices Surge Higher Then Fall Back
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