"There is no rational reason for high oil prices," writes Ali Naimi, Saudi Arabian Minister of Petroleum and Mineral Resources, in today's Financial Times. Well, I can think of one-- if oil prices were lower, the world would want to consume more than is currently being produced.
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March 29, 2012
Oil price quote(s) of the day
Posted by Tim Haab on March 29, 2012 at 08:14 AM in Energy Resources | Permalink
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