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Christien Christien is offline
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Join Date: Nov 2004
Location: Hamilton, Ont.
Posts: 7,000
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I think Jack's right. Oil is underpriced right now, though most experts agree $150 a barrel was overpriced.

Don't forget that what Americans consider expensive ($2/gal) is piss cheap to the rest of the world. Here we're paying $0.65/L x 3.8 = $2.47/gal (not incl. exchange) which is the cheapest we've seen in over a decade. Europe is even more expensive than Canada.
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Old 12-30-2008, 09:58 AM
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