Peak Oil Passnotes: Where Is the Money?

Some people are calling this the most boring crude oil market for ten years. Since the decline in August and September the market has remained fixed solid. Stuck between $55 and $61. It is easy to see why, as we have gone over these problems many times.

But for the first time in a long time, the key may lie in the hands of the eleven nations of OPEC. It is they who can push prices and they will most likely push them upwards if they stay on the same course as they are now.

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