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Old 03-06-2011, 10:45 AM  
Ron Bennett
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Join Date: Oct 2003
Posts: 1,653
Middle eastern oil is among the easiest to extract, and yet the biggest importer of oil to the U.S. is Canada. There's plenty of available oil.

The middle east conflict is just an excuse for speculators to drive prices higher - at some point, many of them will cash out ... when that happens, just like last time, oil prices will come crashing down.

Ron
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