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5 Comments
Mike Puckett wrote:
Can we call this bubble popped?
memomachine wrote:
Hmmmm.
Well it looks like Hugo Chavez is screwed.
Eric Weder wrote:
Much lower and we'll have some issues in the other direction - the big companies will pull back on new projects especially in the oil sands where development costs are higher. Might have a big impact on construction workers & all the support industries.
Hal Duston wrote:
And gas is $2.60/gallon down three cents from yesterday in Kansas City, MO.
Kelly Starks wrote:
Doesn't anyone want to shed a tear for Putins petro state Russian having to curtail invasions for a while?
;)
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About this Entry
This page contains a single entry by Rand Simberg published on October 14, 2008 2:54 PM.
Can we call this bubble popped?
Hmmmm.
Well it looks like Hugo Chavez is screwed.
Much lower and we'll have some issues in the other direction - the big companies will pull back on new projects especially in the oil sands where development costs are higher. Might have a big impact on construction workers & all the support industries.
And gas is $2.60/gallon down three cents from yesterday in Kansas City, MO.
Doesn't anyone want to shed a tear for Putins petro state Russian having to curtail invasions for a while?
;)