RickMachE
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Of course these prices don't take into account inflation. Cumulatively, we're up 37%+. So that $140 barrel of oil is $192.68 now, and that $4 gallon of gas is $5.51. So in fact we've hit no peaks this year.All time high for oil was $140 back in 2008, and gas per gallon was around $4. Oil prices have been around $100, yet we were near $5 per gallon just a few weeks ago. Why is that?
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