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'Demand destruction' (i.e., a slump) may prick oil bubble - Montreal Gazette

Story date: 2008-05-24 01:13:00
Added on: 2008-05-24 22:00:44


The evidence is growing stronger that the global shortage of oil isn't about to be relieved by anything dramatic on the supply side, which leaves an ugly alternative. In the financial world, they call it "demand destruction." We can just use plain ...


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