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Where Are Oil and Gasoline Prices Heading?

Barron's Live

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Diesel Demand Is Down About 10% From Last Year

Diesel really merits a lot of attention right now because, you know, diesel prices went absolutely ballistic in the second and third and fourth quarters of 2000. Diesel demand is down about 10% from last year. And we've got the cheapest prices in several years in the United States. So things can turn very, very quickly. It reminds you that gravity does work in the futures market.

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