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Old 08-04-2008, 06:49 AM   #26
mail2us
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Join Date: Mar 2007
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As part of the discussion, there is current speculation that because China is shutting down many industrial areas that rely on oil during the Olympics, oil demand will decrease. The shutdowns are occurring to reduce pollution during the Olympics. China has also stopped contributing to their oil reserve for an indefinite period, not Olympic related. Price in near future may perhaps drop below $120/barrel causing further gas pump decline. The Fall Rally may have additional "sign-ups" with further diesel price relief!!! Dennis
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