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Old 07-09-08, 10:25 AM   #11
August
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Quote:
Originally Posted by XabbaRus
The price isn't really due to supply, more to speculation.

At the supply meets demand, exceeds it in fact. I doubt if the Saudis bump production up again it will have any affect.

My theory is that all these banks that used to lend each other money and stick it in property have now been sticking it in oil and the price is going up.
You might be right XabbaRus.
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