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(LPAC) -- The record run-up of the U.S. heating oil price highlights the impact of hyperinflation on everyday essentials. On Sept. 12, the October heating oil futures hit the highest price ever on the New York Mercantile Exchange, soaring to $2.2224 a gallon, closing up 1.7% for the day at $2.2190, which is the historic record on the NYMEX since November, 1978, when heating oil futures were first launched there. At the same time, crude oil hit an all time NYMEX record price, at $80.18 a barrel, then settled down Sept. 13 to $79.75 at mid-morning.