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Oil Bubble About to Pop?
The flood of speculative investment into oil markets is inflating a price bubble that could pop and send crude prices sharply lower if U.S. petroleum demand continues to slump, analysts warned yesterday.
Crude prices continued their remarkable rally yesterday, rising 95 cents (U.S.) to close at another record high of $105.47 on [...]
Ok, this following article is a great read. Now, let me start by saying it is written by Rick Santorum, who I’m not a super huge fan of, but his idea is basically an endorsement of Robert Zubrin’s, an American aerospace engineer.
It basically is a plan to rid us of foreign oil dependance and [...]
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