Bush Threatens to Veto Any Legislation That Raises Taxes on Oil Industry

Oil prices hit new high

Oil prices jumped today on a weak dollar and rising tensions between Turkey and Kurdish separatists in northern Iraq. Light, sweet crude for November delivery rose $1.74 to $87.86 a barrel on the New York Mercantile Exchange after reaching a record trading high of $88.20 earlier in the session.
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I ask you, has this business plan not played out brilliantly for the two Oil Men in the White House and their investors, er, supporters?