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Harry Winston

07/18/19 1:50 PM

#30029 RE: Dutch1 #30028

As I said earlier, the inflation-adjusted price of oil is low, compared to the price it was in the late 1970s. I already supplied the link to those nominal and inflation-adjusted prices.

A spike in the energy prices that is caused by any political troubles with the oil-producing countries will mean more profit for every company that is already profitable and some profit for the companies (like Pacific Ethanol) that are marginal.