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Politics : Politics for Pros- moderated

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To: KLP who wrote (251076)	5/21/2008 2:33:18 PM
From: Snowshoe	Read Replies (1) of 793843

>>And why this year? Why didn't this happen before, years ago, in fact?<< Because for many years there was highly visible spare oil production capacity available, primarily in Saudi Arabia. Now daily production appears to be maxed out, and the market fears that we've reached a global peak or plateau in daily oil production.

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