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Oil jumps $3 after report says gas supplies fell |
Oil prices shot up Wednesday, jumping more than $3 a barrel after the government reported a surprise drop in U.S. gasoline supplies. But analysts said the market, despite the big advance, is still concerned that high prices are choking off demand.
Southern Ledger -
July 30, 2008 |
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Analysts blame easy credit for restaurant woes |
Restaurant companies may have depended too much on easy-to-borrow money to back aggressive expansion plans, industry experts say _ a move that may lead to more bankrupt chains and fewer new eateries opening in the months to come.
Southern Ledger -
July 30, 2008 |
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