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08192008 Regular Meeting
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08192008 Regular Meeting
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2/27/2009 8:49:05 AM
Creation date
9/8/2008 10:12:42 AM
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City Clerk
City Clerk - Document
Minutes
City Clerk - Type
Regular Meeting
Date
8/19/2008
Volume Book
177
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Commodities Soar and the Consumer Sulks <br />?e scar ir:,c price of commodities is seer <br />Dv al" consui-ners. as oil cUntir! ec on a <br />siorica ling The rise it oil is Liao <br />-vtieake J ol!a?- anc` some ;.inknowr <br /><eC" F -)- spec' latior. <br />i is v ,11, on!_e o- many commodities <br />' e c r-a '. -: 'n c ?. e v o n s u rn e ` 3 -!vin v ?j 1,r".J •`?,,,, ?`. <br />.,? J ?,r?ie???!",s"?C :oy';f(C+,ertce <br />-oo ; 1^as rased a g1CL) can! ;r?fiat or corcerr, <br />as he uS breadbasket's greed I'!mp ro <br />corn !04 ethanol creates shcrtaoes <br />w orfdwide.eef,!vili follow later this ,!ear <br />-'Ia !rs'l tiCr ^nd C easy answers iaS <br />,mpacted confidence as well as trade. <br />xports are holding up the LIS economy <br />while manufacturing falters on the <br />Inability to oass throuoh hither orices to <br />consumers. <br />is 0 <br />145 <br />140 <br />135-- <br />130-- <br />125-- <br />120-- <br />115-- <br />110 105 <br />100-- <br />05- <br />go- <br />85 <br />Fet <br />- - - - - - Crude Oil Futures. prom of near-term ooe:lract <br />------------------ 145 <br />---------------------- 140 <br />------------------- 135 <br />---------------------- --- 130 <br />I---- - 125 <br />--------------? -------------_= 120 <br />fj--- - - - 110 <br />----- }-? ------------------ 105 <br />--h'?- --------------------- 100 <br />------------------------------- 90 <br />85 <br />Mar Apr May Jun Jul
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