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| Oil prices set for fresh surge |
| 2004-06-01 |
| Posted by:Mark Espinola |
| #1 Oil prices are already very high, thanks to factors including increasing demand, low stocks, Opec's price strategy and fears of supply disruptions. Something interesting here is that part of the high price has been called a "terrorism premium". Now what happens if a terrorist attack occurs that does disrupt the supply? Will the price stay level due to the fact that we are already paying this premium? Not on your life. |
| Posted by: Bomb-a-rama 2004-06-01 2:24:00 PM |