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Originally Posted by grimm
as oil hits 64 bucks a barrel
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2% rise in oil price due to a terror warning is nothing, when compared with the increase the last 2 years, which is mostly due to demand and not terror, war etc.
The world used more energy last year, than the year before, and it will use more energy than ever this year. Terrorists are not stopping the worlds oil pumps - we are sucking them dry... big difference ;-))