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ELAM: Stocks make new highs, oil recovers

Summary by Odessa American
This column suggested $78 as a target for crude oil three weeks ago as the price rose above $69. This past week managed $78.47 before falling back. It appears price is attempting to stabilize at the $74-75 level. November gasoline futures have rallied form the $1.90 level to $2.13. There is also some good news for the winter months ahead, at least for the grid providers wise enough to continue using natural gas. In the last few days it has falle…
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