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Page added on April 29, 2008

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Climate change could fend off peak oil crisis

Last week, Hamish McRae, one of the world

This recession has not actually been caused by the high oil price; the subprime-mortgage scam is to blame for that. But the recession is likely to drive the demand for oil down far enough to bring the price back down to $100 before long, or even to $85 to $90. Then in 2009 and 2010, as the

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