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Re: lee kramer post# 607459

Monday, 12/22/2008 12:36:08 PM

Monday, December 22, 2008 12:36:08 PM

Post# of 704048
zab: This is not my thought, but I've heard it and it makes sense to me: with the industrialized world heading into a deep recession [or worse,] the demand for oil will be greatly reduced. Hence the drop in oil prices...and when the pendulum swings, it almost always swings far beyond the point of "rationality."

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