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Page added on March 24, 2005

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Warnings petrol will still reach over €1 a litre despite ease in oil prices

RISING oil prices will hit motorists hard with the price going to over €1 per litre during the summer months, Automobile Association spokesman Conor Faughnan warned yesterday.
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The editor of Petroleum Review, Chris Skrebowski, has warned the oil crisis is only warming up.

At a conference in Dublin recently he said demand is rising at 3% a year as the global economy continues to expand.

Irish Examiner



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