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US oil boom to run out of steam

Well,  it was fun while it lasted.

Oil prices are racheting back up and a report attributed to BP in todays FT suggests that the world economy is likely to become even more dependent on OPEC exports by 2030.  Now what could possibly go wrong?

You may be tending towards the view that it would be sensible to take control of your own electricity supply rather than expose your business to the whims of the OPEC cartel.  We’re ready to talk….


http://www.ft.com/fastft/279233/bp-oil-outlook

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