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Chris B is a
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It appears we consumers are getting the worst of both worlds.
Oct 22 16:37 pm
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All Comments by Chris B »Petrobras: Dead In The Water [View article]
Wildly fluctuating oil prices (50% in 4 months!!!) are preventing both the development of new supplies AND the development of alternative energy. Every time someone tries to build up capacity in either area in response to high oil prices, they get nearly bankrupted a short time later by a price collapse.
Those smart, smart guys in Saudi Arabia - gotta love em!