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Oil Prices Do Not Reflect Demand

Tuesday, January 17, 2012 7:12
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(Before It's News)



According to Fareed Zakaria on CNN, oil prices are higher than normal for the current demand.  Political instability in the middle east has as inflated oil prices. Speculators have helped drive up prices.  As a result, there  may be increased interest in alternative energy.  Oil prices may fall when fear of political instability eases, unless demand increases.

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