WARNING SHOTS FIRED AT TWO BOATS IN PERSIAN GULF BY US AMIDST RISING FEARS AND RISING OIL PRICESÂ Â Â Â Â Â
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BetUS.com Posts Odds on Oil Prices
NEW YORK April 25, 2008 -Â Oil prices have been fluctuating for almost a year now driving gas prices in the US and elsewhere through the roof.Â That much is not news.Â What is news however is the fact that oil prices rose sharply Friday on news that a ship under contract to the U.S. Defense Department fired warning shots at two boats in the Persian Gulf.Â Â Retail gas prices as expected rose further into record territory nearing $3.60 a gallon.
With tension and speculation in America rising as exponentially as the prices themselves, the biggest, most accurate and most successful sportsbook on the web, BetUS.com posted odds on just where the ceiling is with regard to oil prices.
“With news of the warning shots being fired spreading, site users and those curious and or worried alike have been flooding our site,” stated BetUS spokesman Reed Richards.Â “The fact is, people know we are an unbiased, accurate source for predictive information ranging from everything from sports, politics, and international news.Â We feel obliged to provide accurate, up to the minute information.”
Oddsmakers at BetUS.com posted the following odds on the world’s oil prices:
Nymex Crude price 31-12-08Â o/uÂ $129
USD v Euro price 31-12-08Â Â o/uÂ 0.67
USD v GBP price 31-12-08Â Â Â o/uÂ 0.49
Average price of gas in US at the pump 31-12-08Â o/u $4.17