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Wednesday, August 17, 2005

duh!


Hollie Tubbs said gasoline prices had forced her to look for amusements for her son, Brandon Segure, that are close to home in Brooklyn.




Economy Shows Signs of Strain From Oil Prices

Inflation surged last month, the government reported yesterday, as the long rise in energy prices finally seemed to be pinching the American economy. After absorbing the burden of oil at $40 a barrel, then at $50 and beyond, consumers have started to react as prices have risen above $60 in recent weeks.....Wal-Mart blamed high oil prices yesterday as it reported that in the recent quarter its profits rose at their slowest rate in four years. The chief executive, H. Lee Scott Jr., told investors that expensive oil was worrying him because it seemed to be erasing recent income gains for many customers. ..............

geeze i wonder how much it has hurt h. lee scott jr that it now costs ME and most everyone else a week's worth of grocery money to fill up our cars.............

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