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Thursday
Nov062008

Oil Bubble Continues Its Burst

DateThursday, November 6, 2008 at 02:03PM

Even though the stock market is down 10% since the election, oil is down even more at -13.84%.  Back in mid-2008, most people that called oil a "bubble" were ridiculed for not knowing the true "supply/demand" economics of the commodity.  With a decline of 58% since July, the oil "bubble" callers look pretty prescient these days.


Oilmove 


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