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Politics : Politics for Pros- moderated

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To: Neeka who wrote (254396)	6/14/2008 8:04:57 AM
From: skinowski	Read Replies (1) of 793718

When it comes to estimates of their oil supplies, that's one of the issues about which people lie a lot. One of the more prominent (and credible) figures on the "limited reserves" side of the argument is Matt Simmons: simmonsco-intl.com If one could be so confident that Oil will only continue to go up, life would be easy - just buy a ton of futures contracts, and watch the millions roll in. But obviously it's not so simple - ultimately, price is determined by supply and demand.

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