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Re: Drillman7 post# 11610

Tuesday, 03/27/2007 9:39:35 PM

Tuesday, March 27, 2007 9:39:35 PM

Post# of 33904
I believe that would be correct. A quarter of the world's oil goes through the Strait of Hormuz. So with 25% added to the price today of $63 plus a 10% war premium puts it at 88-90 per barrel. Then add on the summer driving season.
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