under $50 a barrell!!!! BUT OUR GOVERMENT TAKES 61%

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Crude oil is a naturally-occurring substance found in certain rock formations in the earth. It is a dark, sticky liquid which, scientifically speaking, is classified as a hydrocarbon.

This means, it is a compound containing carbon and hydrogen, with or without non-metallic elements such as oxygen and sulfur. Crude oil is highly flammable and can be burned to create energy.

Along with its sister hydrocarbon, natural gas, derivatives from crude oil make an excellent fuel.

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Date	Daily Basket Price
22/10/2008	60.82
23/10/2008	60.27
24/10/2008	57.57
27/10/2008	56.80
28/10/2008	55.90
29/10/2008	58.13
30/10/2008	59.92
31/10/2008	57.43
03/11/2008	59.03
04/11/2008	57.77
05/11/2008	58.97
06/11/2008	54.89
07/11/2008	53.49
10/11/2008	54.77
11/11/2008	52.24
12/11/2008	49.94
13/11/2008	47.73
14/11/2008	49.09
17/11/2008	47.96
18/11/2008	46.55
19/11/2008	45.89
20/11/2008	44.06
21/11/2008	42.56
24/11/2008	44.48
25/11/2008	45.53
17/12/2008	40.95
18/12/2008	39.48
19/12/2008	37.72
22/12/2008	36.92
23/12/2008	34.49
24/12/2008	33.36
29/12/2008	34.69
30/12/2008	34.95
31/12/2008	35.58
02/01/2009	39.95
05/01/2009	43.86
06/01/2009	46.27
07/01/2009	45.75
08/01/2009	42.13
12/01/2009	40.24
13/01/2009	40.00
14/01/2009	41.31
15/01/2009	40.85
16/01/2009	42.17
19/01/2009	40.30
20/01/2009	39.34
21/01/2009	39.54
22/01/2009	40.31
23/01/2009	40.91
26/01/2009	42.53
27/01/2009	40.68
28/01/2009	40.71
29/01/2009	41.21
FEB 2009	41.41
MARCH 2009	45.78
APRIL 2009	50.20
MAY 2009	56.98
JUNE 2009	68.36
JULY 2009	64.59
AUGUST 2009	71.23
SEPTEMBER 2009	TBA
OCTOBER 2009	TBA

tba - to be announced

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