Oil is Back Above $100 a Barrel

CNBC reports that on Monday, Oil is back above $100 a barrel.

The market news is quoted as saying:

Lipow estimates those refineries process about 900,000 barrels of gasoline a day, or about 10% of gasoline demand in the U.S. Also, near Baton Rouge is a key pump station for the Colonial Pipeline, the largest US pipeline carrying gasoline from Texas to New York.

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