U.S. Economy: Trade Gap Grows as Oil Prices Jump

Subject: txt trade engry -
Washington - The trade deficit in the U.S. widened in November more than anticipated as imports climbed faster than exports.

The gap expanded 9.7 percent to $36.4 billion, the highest level since January, from a revised $33.2 billion in October, Commerce Department data showed today in Washington. Imports increased 2.6 percent, reflecting a jump in oil prices...

[And we're doing nothing to increase our supply here at home.]

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