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2 Hedges Against Global Oil Demand [View article]
"Nearly 70% of it must be imported. We're competing with China, Russia and a host of other emerging nations whose demand for oil is rapidly increasing."
Well, incase you didn't know, Russia is the worlds second biggest exporter of Oil after Saudi Arabia. They export 2/3 of their production. You're not competing with them at all. If you can't even get that right, how can anyone take you seriously?