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Carbon fiber prices on the rise


The rise in the price of oil not only has effect on gasoline, but also many of the components that go in to making a car, like plastics. One of the more surprising byproducts of oil is carbon fiber. Starting this month, the second and third largest makers of the ultra-light, ultra-strong material will raise their prices by as much as 30 percent. Although cars that usually use carbon fiber in their construction are already demanding a premium price, this becomes an even bigger problem as (...)

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