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Page added on September 28, 2004

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How high will oil prices go?

Production

A long-simmering debate in the oil industry over the long-term outlook for oil production is heating up with every fresh rise in the price of crude.

With supplies squeezed, demand continues to grow

By John W. Schoen
Senior Producer
MSNBC
Updated: 7:52 a.m. ET Sept. 28, 2004

The reasons for the recent relentless rise in crude oil prices are pretty straightforward



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