Greene Concepts Inc (INKW)

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Report Highlights U.S. Vulnerability to Oil Shocks...

Amid high global oil and U.S. gasoline prices, a report released today by Securing America's Future Energy (SAFE) and the National Commission on Energy Policy (NCEP) demonstrates that the United States is vulnerable to much more severe oil shocks should even relatively small amounts of oil be withdrawn from the global market due to terrorism, political unrest or additional natural disasters.

The report details the findings of Oil Shockwave, an oil crisis simulation conducted earlier this summer, which found that taking less than 4% of oil off the global market due to small incidents of political unrest and terrorism would cause prices to rise dramatically to more than $161 bb.

http://www.energycommission.org/site/page.php?pressrelease=10



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US Energy Independence starts at home... by developing domestic energy supplies.