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Crude oil rallies above $121 |
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Thursday, 21 August 2008 |
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Crude oil sees its biggest percentage gain in more than two months. The question of whether the oil markets are being driven by speculators or supply and demand is taking on more relevance as some money managers recommend clients put more money into one area of the market that's seen strong gains -- energy. Crude oil is up nearly 27-percent so far this year. |
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Thursday, 21 August 2008 |
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With oil fetching prices above $100, many are looking to capitalize on "unconventional" methods of extracting oil. Drew Cadenhead of Trans-Orient Petroleum thinks these forms, like drilling for oil shale, could make up 10% to 15% of the market some day. Stacey Delo reports. (Aug. 21) |
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'Yo-Yoing' Fish Bait Stirs Debate |
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Thursday, 21 August 2008 |
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Yo-yoing is a fishing method that involves putting lead weights into bait fish to make it sink onto the ground for catching striped bass. The technique has stirred debate among New England anglers. WSJ's Steve Stecklow reports. (Aug. 22) |
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Energy prices to keep rising |
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Thursday, 21 August 2008 |
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E.On and Scottish and Southern Energy are increasing prices taking annual household energy bills to £1,250. |
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Price of bread set to rise |
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Thursday, 21 August 2008 |
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The price of a loaf of bread is likely to rise because wet weather has affected much of Britain's wheat harvest. |
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