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Saturday, June 21, 2008

Why is Oil So High?

High oil prices has resulted in worldwide protests even in developed countries. Malaysia, Indonesia, Thailand, India, South Korea, Spain and France are just some of the many countries currently seeing protests for this result. Having no choice, we are seeing more countries like Malaysia and China removing fuel subsidies.

http://www.nytimes.com/2008/06/21/business/21oil.html?pagewanted=1

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