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Wednesday, December 03, 2008

Oil falls below 50

Back when oil was $147/b people talked about electric cars. Well, now not so much, you see oil today is at $47/b that is 100 less than a few months ago. Sadly the reason is that the world is going thru a financial catastrophe. Using the HDR I have seen that things get a lot worse in the future. Yes, there are shortages of food and fuel.