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What is this story I hear of Saudi oil companies not liking these really really high prices. Apparently they are going to start development in some oil field much earlier to introduce more oil and increase supply so prices come down a bit. When oil is $160 a barrel, alternative energy which is "inefficient and expensive" becomes a much more attractive alternative. Really, it would hurt the long term sustainability if prices keep going up.
No one bring in the yer look at the 70's blah blah, this is much much worse.
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