Page added on December 10, 2006
Yet there was some point at which prices would begin to bite. That appears to have been in the $60 to $70 range. And those effects can be seen, along with the housing decline, in the slowing U.S. economy, with implications for all countries that export to it. But the most lasting impact of the shift in the energy market may well be measured in energy itself. There is a bubbling and brewing of technological innovation along the entire energy spectrum
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