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economic downturn

Just as the U.S. and global economies are finally strengthening, they face a new danger: Rocketing oil prices, which topped $100 a barrel Wednesday.

The U.S. economy can likely absorb $100 oil and keep expanding, even though gasoline prices would rise further and growth would slow. But it would hurt.

Read Associated Press article at NPR: http://www.npr.org/templates/story/story.php?storyId=134005409

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