Jul 31 2007
Oil at 78.71 a barrel (highest price ever so far)
Oil has now reached a price of 78.71 per barrel according to the BBC article on their website. It has surpassed the highest price that was set in July of 2006. Have we learned anything from the oil shocks of the 1970s and beyond? How much longer are we going to continue down this nonrenewable path?
Apparently not.
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