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But as addendum to my post above, I will grant you that "EASY" oil
Jul 06 20:20 pm
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All Comments by Common_Denominator »10 Signs of a Recession [View article]
has been discovered.
OTOH countries like Iran & Venezuela are falling behind on oil production not because they are running out of oil but because of crazy dictators with harmful policies. Iran is in such bad situation, that they will soon need to import petrol in spite of sitting on one of the largest proven oil reserves in the world.