NewsWhore
11-30-2010, 04:40 PM
The price of a barrel of oil climbed nearly US$2 on the commodity exchanges yesterday, reaching US$85.73 for a barrel of West Texas Sweet. The price of oil went up in response to the encouraging consumer spending news over the holiday weekend and the prospects that shoppers on Cyber Monday would continue the trend. Of course, this means higher prices at the pumps for those of us who live in the Dominican Republic where the price of fuel is indexed according to the prices of petroleum on the commodity markets. Despite a stronger dollar versus the euro, the fact that the colder winter temperatures have begun to arrive in the northern parts of the United States has pushed prices up.
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More... (http://www.dr1.com/index.html#8)