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Friday, April 01, 2005

Oil prices may see 'super spike' & gasoline prices may hit $3.25 per gallon

BBC: Oil prices may see 'super spike'

Prediction - Gas may hit $3.25: As oil and gasoline prices surged again Thursday, a chilling projection by investment banker Goldman Sachs predicted strong demand and tight supplies could cause a "super spike," sending oil prices above $100 a barrel.