RENEE MONTAGNE, host:
NPR's business news starts with oil prices heading higher.
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MONTAGNE: Oil prices are now near $80 a barrel. The price has been rising for more than a week and jumped above $79 today - a new high for the year. Prices are up because investors have been betting that world economies are recovering and consumer demand for energy will rise. But if prices go too high, that could harm the economy by leading consumers to cut back on overall spending if they have to pay more at the pump.
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