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US Energy Systems

May 10, 2008

Gas jumps above $3.67, oil passes $126 on Venezuela concerns

“If we put on sanctions, I'm sure Chavez would threaten to cut off our oil supply”

Oil rose above US$126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and Venezuela could cut exports ... via CBC News

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