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Gulf Oil CEO: $1 a gallon gas in 2009

CEO also claims carbon-driven warming a 'myth' as Merrill Lynch predicts $25 a barrel oil

Joe Petrowski, CEO of Massachusetts-based Gulf Oil, has some good news for consumers. In years past, market speculation inflated prices, said Petrowski. Now that the prices are deflated, speculators may 'overshoot' and ...

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