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Oil Could Hit $US200 Next Yr: Caltex Chief


Business  (tags: money, oil, investors, investments, government, politics, society, business, automotive, americans, marketing, mscsrrr.com )

Mscsrrr
- 544 days ago - abc.net.au
The head of Caltex says more steep fuel price hikes cannot be ruled out. Caltex' chief Des King says it is not out of the question that crude oil could hit $US200 ($210) a barrel by next year.
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Mscsrrr Prog (0)
Monday June 23, 2008, 11:20 am
This is scary. It could make US economy to hyperventilate...
 

Steve Dale (476)
Monday June 23, 2008, 7:43 pm
WHILE THE GOVERNMENTS,OIL COMPANIES AND CAR MANUFACTURERS KEEP US ALL DEPENDANT ON OIL IT WILL CONTINUE TO RISE,GIVE PEOPLE ALTERNATIVES AND OTHER FUELS TO USE SO AS TO BRING THE PRICE DOWN,UNLESS WE HAVE OPTIONS THEN OIL WILL GET OUT OF REACH OF MOST PEOPLE.
 
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