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Catching up: Politics, European Energy Conservation and Oil Markets
ARC ENERGY IDEAS
Is There a Big Hole in the Oil Market?
I don't think anyone should take any comfort in the softening oil and gas prices over the course of the last month. We'll call it because the fundamental underlying issues have not gone away. In fact, there's a good argument to be made that the underlying fundamentals are actually deteriorating. And economic malaise is hardly a good solution for thinking that we've solved our energy security problems.
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