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Friday, April 29, 2005

Gas Drops Below $50

This is welcome news.

NEW YORK, April 29 (Reuters) - NYMEX crude for June delivery ended below $50 a barrel on Friday amid signs of a slowing U.S. economy and with ample supplies of oil available for gasoline refining ahead of the summer driving season.

June crude dropped last traded down $2.27 at $49.50 a barrel.


Who knows though, it'll probably skyrocket again in a few weeks.

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