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http://afr.com/articles/2005/03/18/1111086004998.html
All the signs are there, production has peaked, and demand is still growing. The market certainly seems to recognise that. The Iraq invasion was a futile roll of the dice to secure a supply of oil, but 200Billion has been blown on...
OPEC has been told by the US that it MUST sell its oil in dollars.
The US economy is in trouble, and the US is currently printing dollars at a rapid rate, which is causing inflation of the dollar, and making it increasingly worthless against other currencies.
So what should OPEC do in order to...
Ok, I saw this in the news, and was a little stunned.
From: http://www.cnn.com/2003/TECH/science/12/12/climate.kyoto.reut/
Ok, OPEC is an organization that
- Helps keep energy prices artificially high, thus causing the economies of industrialized countries to suffer
- contains many member...
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