Turn on the television and watch out for the news. Majority of the headlines right now are focused on the growing issue of oil and the effects of high gas prices. Almost every week a new development is reported in most cable news network and the forecast are usually grim.

News stories may vary, some of the news suggests that new round of oil price increases will happen in the next week, an oil producing country is set to intensify production and another threatens to cut supply.

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