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03-14-2008
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,579
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Brian Fallow: High prices perfect fuel for some belt-tightening
The two main effects of higher oil prices on the economy are to push up the cost of living and to leave consumers less to spend on other things.Crude oil costs account for around 40 per cent of the price of petrol at the pump....
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