Countdown to $200 oil: $140 oil and speculation
Excerpts:
There are A LOT of good reasons why oil prices are going up. Let me show you just a few.
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Chinese growth
China is enjoying staggering growth rates for car ownership.
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volumes available for export, and thus volumes available on the global oil market, are shrinking
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Production declines
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China's TV Audience Surpasses 1.2 Billion
You buy the TV, it sells you the car.
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