Thread: Oil Boom(?)
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Old 12-04-2012 | 06:01 AM
  #9  
Flyinhigh
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From: Retired
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The "instability" factor in the price of oil will be reduced on the world market as North American production ramps up. The markets won't be as worried about regional wars, Middle East terrorism, etc. The only thing the world market will worry about will be the EPA shutting down these high producing wells just as they shut down all Gulf of Mexico production because one well had issues.
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