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Old 07-05-2011 | 08:56 AM
  #69793  
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formerdal
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Originally Posted by slowplay
Only one problem with your theory...the USA probably won't be the driving force in oil consumption going forward. China, India, and other developing countries without their own internal supply will skew pricing, especially as the US continues to devalue our currency.
That and the fact that over 90% of the barrels of oil traded daily is due to speculation now!