By admin | March 24, 2008 - 4:00 pm - Posted in Uncategorized

Submitted by DTN Ethanol Blog

A strange thing happened to crude oil last week — it fell like a lead pigeon. Overall consumption of oil and its products fell by 3.2 percent in the last month and gas demand contracted by 1 percent. However, gas prices are up about 70 cents from a year ago at $3.50 now and $4 is a possibility later this spring if Americans can’t resist the call of the open road.

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