Oil traded at $103.05 in Asia earlier today.
The US Dollar index hits a record low.
But where irony is concerned, just more of the same.
Bush told reporters that in order for the use of renewable sources of energy - such as corn- and switchgrass-based ethanol - to become widespread, the country needs to increase domestic oil production and build new refineries.
[From Bush promotes tax cuts, domestic oil and gas production - Feb. 28, 2008]
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