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Subject: For traders:The prices of oil and natural gas will decrease


Author:
Knut Holt
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Date Posted: 11:27:00 08/03/14 Sun
In reply to: larry 's message, "Oil Off" on 15:00:56 11/14/07 Wed

On the long term the abundance of oil and gas and where it is found have a great impact on the prizes. As by 2014 huge amount of new oil and gas resources have been found in all regions of the Earth, and these are gradually opened for exploitation. That means that the regions of Earth steadily more produce their own oil and gas, and the demand for oil and gas import sinks.
This development will depress the oil prizes for a long period to come and the long distance trade with oil and gas will actually decrease. The economy of certain producers, like Norway, which need high prizes is actualy set in grave risk due to this development.

Knut Holt
A lot of interesting information about health, sex and technology
http://www.abicana.com

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