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- How We Know Oil is Going Down
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After carefully reviewing the current status of supply and demand for crude oil, thoughtful minds might reasonably conclude that the price of crude oil has peaked.For starters, airlines are going bankrupt left and right, and the level of route reductions the industry is taking in response to the crisis is even larger than what they did following 9/11.So we know jet fuel demand is headed down….
Original Source: jeffmatthewsisnotmakingthisup.blogspot.com
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23 July, 2008| Fundamental Analysis |
@ 5:21
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