<div><a href="http://www.msnbc.msn.com/id/12400801/">http://www.msnbc.msn.com/id/12400801/</a></div>
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<div>NEW YORK - Oil prices shot up more than $11 to a new record above $139 Friday after Morgan Stanley predicted prices would hit $150 by the Fourth of July. The unprecedented jump is all but certain to drive gas prices well past the $4 mark in the coming weeks.</div>
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<p class="textBodyBlack"><span id="byLine"></span>Oil's meteoric surge, which pushed prices more than 8 percent higher in a single day, added to a huge increase Thursday to cap oil's biggest two-day gain in the history of the New York Mercantile Exchange. The burst higher — which also came on rising Middle East tensions — also raised the prospect of accelerating inflation by adding to already strained transportation costs.</p>
<p class="textBodyBlack"><span id="byLine"></span>That gloomy outlook sent stocks tumbling, taking the Dow Jones industrials down more than 300 points.</p>
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<p class="textBodyBlack">Vision2020 Post: Ted Moffett</p></div>