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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
November 7, 2008
HOUSTON — Oil prices fell 7 percent, or $4.53, to settle at $60.77 per barrel Thursday, their lowest point in about a year and a half, as a growing number of economic reports points to a long and painful recession.
When the economy slows, the demand for energy fades. The price of....
