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Sunday, February 14, 2010

Future oil prices


Tell you what, I don't see any global warming. In fact, it feel like a new ice age. That means we are using more heating oil now. Also, it means gas prices will go up this summer. Get ready for some shocks in petroleum prices. The $147/b in 2008 will seem low soon. Future oil prices are marching up. This is one reason why we are in trouble, the other is that many or our suppliers like iran are not our friends, but our enemies.

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