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Crude Oil Prices Reach Seven-Year High; Gasoline Prices Expected To Follow

January 20, 2022

by The Ashton Report

Crude oil prices continued to rise this week, reaching levels not seen since the surge of new crude from US fracking led to a dramatic drop in prices in 2014. According to real-time price data from Oilprice.com, prices for West Texas Intermediate crude rose to nearly $87 bbl. Jan. 20. The reasons are complex, as they…

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