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Central Missouri | It's been a while since I've seen the charts of India/China/Russia demand for oil but it is going up faster than can be imagined. To top it off the last world production charts I saw show that consumption is way outpacing production. I just don't see oil decreasing in price to any great degree unless there is a worldwide economic slowdown. By that I mean I don't see oil getting back to 60$ anytime soon. Unless Hillary is elected; she said she will get the price back in the 50-60 range. | |
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