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Peak Oil is You


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Page added on April 27, 2008

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Population explosion means oil at $100 a barrel is here for years

‘A whole load of stuff could come apart here,” warned Art Cashin last week on CNBC – the US business channel. “This oil thing – it’s gettin’ crazy”.

Cashin was talking from the floor of a nervous New York Stock Exchange.

After 46 years “in the pit”, the gnarled trader is rightly seen as the man with the clearest idea of what “the market” is really thinking.
Telegraph



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