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claudia kemfert

The Price of Oil Breaks the $100 Mark (tags)

There is no chance that the average price per barrel will fall under $70 up to 2015. This was not inevitable Since the first oil price shocks in the 1970s, many measures were possible to throttle the consumption of oil and energy. In Europe, the oil consumption has fallen 30-40 percent since the 1970s.

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