LAST UPDATE: 03/31/10 - DATE VIEWED:
09/04/2010
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Oil prices have steadily rose over the last year, and experts are worrying further increases could snuff out an already-fragile global economic recovery.
President Barack Obama is expected to announce Wednesday his plan to open oil and natural gas drilling off the Atlantic Coast and Gulf of Mexico. The proposal aims to reduce the nations reliance on foreign oil, which theoretically could hold down prices for U.S. consumers.
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