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Page added on August 18, 2005

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Energy and political experts say oil crisis could erupt

Civil unrest in Nigeria helps send oil prices from $60 a barrel to $80, putting the brakes on worldwide economic growth.


A month later, possible al-Qaida-linked attacks on oil facilities in Saudi Arabia and Alaska push the price of oil to an economically devastating $120 a barrel. U.S. gasoline prices have nearly doubled seemingly overnight.


DailyBreeze



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