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Trucking News: DOE Predicts $102/Barrel Oil, $3.87/Gallon Diesel for 2011


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Although crude oil prices dropped in early may, the U.S. Department of Energy still expects oil markets to tighten through 2012 and predicts that WTI spot prices, which averaged $79 per barrel in 2010, will average $102 per barrel in 2011 and $107 per barrel in 2012.

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