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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Pogeu Mahone who wrote (87054)3/11/2013 1:31:00 PM
From: hdl  Read Replies (2) | Respond to of 119361
 
also, although oil is getting more expensive to obtain even for saudis and gulf states, it is obtained by them at much cheaper cost than by deep water drilling, oil shale or tar sands. it seems to me that with fracking and artificial intelligence many countries will find much oil and gas in shale and elsewhere, which will have a value if oil is priced at over $80/barrel. so, u s a and israel reserves will be part of a glut.


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