Friday, March 29, 2024

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Pros & cons of oil’s rise

First Published:

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The price of gas is going up because the cost of oil is starting to rebound. It’s now over $41 a barrel.

While that means you’ll be shelling out more cash at the gas station, you’ll be spending less if you decide to cross the border. The boost for oil is driving up the Canadian dollar. It’s trading at a nine month high of 78 cents U.S.

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