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Page added on August 20, 2005

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Expert Warns That Venezuela’s Threats Could Be The Greatest Danger To Oil Prices

According to energy expert and frequent contributor to The Daily Reckoning, Kevin Kerr, if the two daily boats of Venezuelan oil head somewhere other than the United States, it would lead to big troubles for oil prices. Kerr warns, “Venezuela and the US eroding relationship couldn’t come at a worse time. This threat could easily drive oil prices to $75 and $80.”
Oil Online



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